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Price break

By Staff -- Broadcasting & Cable, 10/29/2000 7:00:00 PM

Congress last week tried to increase the dollar amount a merger has to reach before it triggers government review. According to the Hart-Scott-Rodino Act of 1976, mergers of $15 million or more are automatically reviewed by the Justice Department or Federal Trade Commission. The change would increase that threshold to $50 million. That would make it easier to get approval for some station transactions. It is expected to pass.

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