Comment on FCC approves Time Warner sale of TV station to Des Moines-based Meredith Corp.

FCC approves Time Warner sale of TV station to Des Moines-based Meredith Corp.

WASHINGTON — The Federal Communications Commission said on Monday it approved Time Warner’s sale of a broadcast station in Atlanta to Des Moines-based Meredith Corp., a transaction that could help speed Time Warner’s planned merger with AT&T Inc.In January, AT&T said it expected to be able to bypass the FCC in its planned $85.4 billion acquisition of Time Warner because it would not seek to transfer any significant Time Warner licenses.FCC Chairman Ajit Pai said previously he did not plan to use the proposed TV station license transfer as a way to examine the AT&T-Time Warner merger.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More U.s. News