https://www.nytimes.com/2017/08/14/us/politics/how-a-conserv...
Here's the key quote "The moves, which include easing a cap on how many stations a broadcaster can own, have opened up lucrative opportunities for Mr. Smith, among them a $3.9 billion bid to buy Tribune Media, another large owner of stations."
https://www.nytimes.com/2017/08/14/us/politics/how-a-conserv...
Here's the key quote "The moves, which include easing a cap on how many stations a broadcaster can own, have opened up lucrative opportunities for Mr. Smith, among them a $3.9 billion bid to buy Tribune Media, another large owner of stations."