One of Standard General’s appeals to get its acquisition of Tegna approved by the Federal Communications Commission before its financing expires on May 22 was dismissed Monday by a panel of judges from the U.S. Court of Appeals for the D.C. Circuit.
A decision by the FCC’s Media Bureau sending the matter for a hearing by an administrative law judge will stretch out the review of the deal beyond May 22, when financing for the deal expires, effectively killing the deal, according to Standard General.
