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Media companies seeking to make acquisitions must wait a bit longer to learn if they have a shot at restoring an FCC policy allowing more consolidation in the broadcasting industry. Observers had expected the acting solicitor general to decide Monday whether to ask the Supreme Court to reinstate the FCC rules, but he received a second extension from the Court on deciding whether to appeal. Obtaining more than one extension is unusual, though not unprecedented.
January 05, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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