But they’re not the only ones who are interested — Sinclair Broadcast Group has already made its own bid,
and Nextar, a Texas-based broadcaster, is also apparently considering an offer, according to The Wall Street Journal and Bloomberg.
The competing offers could trigger a bidding war for Tribune Media, which owns 42 stations and has a market value of about $3.2 billion.
Movers: Conferences, Closures and Deals -
By THE NEW YORK TIMESMAY 1, 2017
We’re following major developments in the markets throughout the day.
21st Century Fox and Blackstone are in talks to make an offer for Tribune Media.
• Lots of policy makers and senior executives are attending the Milken Institute Conference in Los Angeles.
