FOX geared to buy WGN

21st Century Fox is positioning to take over 42 stations from Tribune.  This push will keep the other bidders at bay. This merger will give FOX operation of iconic TV Stations like WGN, WPIX, and KTLA.  After this news broke shares of Tribune Media Co. jumped $2.23, or 6.1 percent, to $38.79. This is the same kind of merging that ruined the radio industry. Make way for FOX to be in billions of debt like the once prosperous iHeart Media. Read more at CBS News http://www.cbsnews.com/news/media-giants-eye-tribunes-42-tv-stations-across-country/.

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