21st Century Fox is reportedly looking to make a bid for Tribune Media as part of a joint venture with private equity firm Blackstone.
Tribune Media of Chicago owns 42 local TV stations including 14 Fox affiliates, as well as the WGN America network, Tribune Studios and various websites.
With Blackstone's cash and Fox's portfolio of stations, the team is attempting to outbid an offer from Sinclair Broadcasting, which has a substantial chunk of the media pie, owning 173 TV stations and 514 channels in 81 USA markets.
The Financial Times newspaper said buying Tribune would give Fox more ways to exploit sports rights, especially the US National Football League.
We meet again: Cavs, Raptors back together in postseason
Russell Westbrook got his, as he always does, but in a 113-109 loss that put the Thunder down 3-1, it really doesn't matter. They said they can draw on the bruising, physical series against the Bucks, and the leather-lunged crowd in Milwaukee.
Massive fire erupts on I-75 after deadly Ohio gas tanker crash
Police said the southbound lanes Third Street and State Route 4 will remain closed for an unknown amount of time. For those traveling south, motorists were advised to take I-75 to I-70 eastbound to I-675 south.
Courts weighing whether Arkansas executions can happen
Even double executions on the same day are rare - the last time it was attempted, by Oklahoma in 2014, it led to a "bloody mess". The legal issue that halted Monday's executions for Ward and Davis hinged on a separate, broader case pending before the U.S.
A Fox spokesman declined to comment on the report, while Tribune did not immediately reply to USA TODAY requests for comment. Brent crude, used to price worldwide oils, declined 52 cents, or 1 percent, to $51.53 a barrel in London. In 2014, it spun off its newspaper holdings into a separate company. The company also said its president and CEO retired.
CONSUMER SPENDING: The Commerce Department said overall spending by consumers was unchanged last month as people spent less on long-lasting goods like cars. High-dividend stocks including utilities, phone companies and household goods retailers traded lower. The euro advanced to $1.0915 from $1.0895.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.32 percent.