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That didn’t take long. Byron Allen is already saying he’s interested in TEGNA. 

12 minutes ago, DirtyHarry said:

 

I don't think Sinclair has been in the market to buy anything since they bought the sports networks. That may change now that the sports networks are off their plate. 

 

If it's a simple transaction, sellers aren't going to be skeptical of Sinclair. If Sinclair is going to pay the most money, that's who we'll get it. But I agree that a complicated deal that involves the kinds of legal contortions Sinclair has been famous for, are going to have skeptical sellers. 

I’m not so sure. Even a simple transaction may draw the ire of the FCC after how Sinclair behaved during their Tribune acquisition attempt. Also, Sinclair is up against the national cap now (assuming that the current FCC will not be using the UHF discount anymore). 

37 minutes ago, GoldenShine9 said:

 

I smell them having to sell their stations off too, or Apollo having to let go of Cox.

 

He needs to run away and not be seen again in the industry.

Honestly I don’t think Soo Kim/Standard will ever be selected as the winning bidders of a station group again. Just like after the Sinclair-Tribune deal died in a similar fashion, Sinclair has not been able to buy any full power stations since because no one will sell to them. 
 

Prospective sellers don’t want to sell their stations to a group that has a poor track record of getting deals done. In the bidding process companies often look at everything especially: 

-Who offers the most

-Who is most likely to get the deal across the finish line

Ding dong, Soo Kim’s deal is dead. TEGNA just announced late this afternoon the merger is terminated.