On May 8, 2017, Sinclair Broadcast Group—owner of ABC affiliate KATU (channel 2) and Univision affiliate KUNP (channel 16)—entered into an agreement to acquire Tribune Media for $3.9 billion, plus the assumption of $2.7 billion in debt held by Tribune, pending regulatory approval by the FCC and the U.S. Department of Justice's Antitrust Division. The creation of an additional duopoly in the Portland market would result in only seven full-power television owners. Under the previous rules, the companies would have been required to sell either KATU or KRCW to another station group in order to comply with Federal Communications Commission (FCC) ownership rules preceding approval of the acquisition (KUNP would not be affected as its contours do not overlap either station); however, a change in local ownership rules permitted duopolies in all markets (provided only one of the stations ranks in the top four), hence the duopoly became permissible. As a result, KRCW would become a sister station to KATU.