Much uncertainty surrounds the Federal Communications Commission's bid to eliminate the UHF discount used to determine whether a station acquisition would violate the 39% ownership cap. The agency may grandfather in deals completed through Thursday, an action that could put a halt on other pending acquisitions, until the final outcome is known. The only certainty at this point is that it's "almost inevitable that no matter what the FCC does, it will end up in court," according to Scott Flick, a partner in the Pillsbury law firm's communications practice in Washington.

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