Bloomberg Law
May 9, 2017, 12:38 PM UTC

Wake Up Call: Frenzy of Media and Telecom Deals on the Horizon?

• Sinclair Broadcast Group Inc.’s $3.9 billion deal to swallow Tribune Media Co. marks the first in what’s expected to be a frenzy of media and telecom dealmaking under the looser regulatory climate of the Trump administration. ( Bloomberg ) Sinclair has benefited greatly from the FCC under its Republican chairman, Ajit Pai. ( Recode )

• Dewey & LeBoeuf’s former finance chief Joel Sanders faces as many as four years behind bars after a Manhattan jury convicted him of defrauding the firm’s investors before it went bankrupt in May 2012. But the jury cleared Dewey’s ex-executive director Stephen DiCarmine of charges. ( Bloomberg via BLB ) ...

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