|Day's Range||30.75 - 31.03|
|52 Week Range||22.45 - 31.69|
|PE Ratio (TTM)||16.15|
|Dividend & Yield||3.48 (11.28%)|
|1y Target Est||N/A|
Sinclair, 21st Century Fox in partnership with Blackstone Group, and Nexstar are all circling Tribune, one of the nation’s largest owners of local TV stations.
Twenty-First Century Fox Inc is in talks with Blackstone Group LP about submitting an offer to buy Tribune Media Co, one of the largest U.S. television station operators, sources familiar with the matter said on Sunday. Blackstone, the largest manager of private equity and real estate assets, would provide the cash, while Fox, the owner of Fox News Channel and other assets, would provide the TV stations for the joint venture, according to one of the sources. Representatives for Tribune Media and Blackstone declined to comment.
21st Century Fox and Blackstone reportedly are considering a joint offer for Tribune Media, which is also likely to get a bid from Sinclair Broadcasting.