UPDATE 4-Sinclair Broadcast nears deal for Tribune Media

May 7 (Reuters) - Sinclair Broadcast Group Inc is nearing a deal to acquire Tribune Media Co for close to $4 billion after prevailing in an auction for one of the largest U.S. television station operators, according to people familiar with the matter.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News