Nov. 24 at 5:44 PM
$SSP $SBGI interesting, Trump cries about FCC this weekend not allowing to exceed 39% national cap because of some temper tantrum about far left media, sinks the sector and now an offer made today for SSP. I’d think this would exceed the national cap and divestitures would have to be made. I’m sure
$GTN will pick some up cheap. This could drag out for months to more than likely years. FCC needs to tell orange man to go fk himself and change rules to exceed 39% as it’s strangling the industry. In a few years FCC may auction off spectrum again as well. Some deep value in sector as long as orange cry baby who was supposed to be against big government regulation stops crying and allows deregulation of industry which is desperately needed to consolidate.
