Fox Asked to Derail Sinclair-Tribune Merger: Report

21st Century Fox is reportedly considering options to derail Sinclair Broadcast Group’s potential takeover of Tribune Media, despite not wanting to acquire the station group itself, according to Bloomberg.

In a report Friday, Bloomberg said parties interested in buying Tribune as part of a consortium -- including investor Starboard Value, which owns 4.4% of Tribune -- had approached Fox.

Nexstar Media Group, which earlier this year closed its merger with Media General, is also considering a bid, Bloomberg said.