Sinclair Broadcast Group acquisition of regional sports networks
On behalf of Sinclair Broadcast Group, Inc., Cory Capps was retained to analyze the likely competitive effects of Sinclair’s acquisition of 21 regional sports networks (RSNs) originally owned by 21st Century Fox. Disney was divesting the RSNs as part of its agreement with the Department of Justice (DOJ) to acquire certain Fox assets. After an investigation, the DOJ approved Sinclair’s acquisition.