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Fly News Breaks for February 8, 2018
Feb 8, 2018 | 09:31 EDT
Stephens analyst Kyle Evans noted that a Third Circuit Court ruling protects the new FCC ownership rules for 6 months and he views the stay on petitions in this matter as a positive for the broadcasting group. However, he still thinks continued uncertainty around the timing and final structure of Sinclair's (SBGI) deal for Tribune Media (TRCO), high leverage and tax reform complications on market swaps as possible constraints on near-term deal activity. Other companies in the space include Gray Television (GTN), Nexstar (NXST) and Tegna (TGNA).
News For GTN;NXST;SBGI;TGNA;TRCO From the Last 2 Days
Jun 18, 2018 | 06:41 EDT
Meetings to be held in Cleveland/Detroit on June 20 and in Milwaukee on June 21 hosted by Stephens.
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