YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Tribune pulls out of Sinclair deal

Posted online

Tribune Media Co. withdrew from a proposed $3.9 billion merger deal with Sinclair Broadcast Group Inc.

Tribune officials also filed a lawsuit seeking compensation for losses incurred as a result of “Sinclair’s material breaches” of the merger agreement.

The Federal Communications Commission last month sent the deal to a hearing after citing possible misrepresentations or lack of candor in some proposed station divestitures on the part of Sinclair.

Read more from Bloomberg.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
From the Ground Up: Roy Blunt Hall addition

Missouri State University’s science building, built in 1971 and formerly called Temple Hall, is being reconstructed and updated.

Most Read
Update cookies preferences