YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
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.
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