NPR

Tribune Media Spikes Merger Deal With Sinclair, And Sues Its Former Suitor

Tribune CEO Peter Kern said Thursday that the deal unraveled because Sinclair chose to follow a strategy that was only in its own self-interest.

Tribune Media Company is ending its troubled merger deal with Sinclair Broadcast Group, less than a month after federal regulators cited concerns about the plan. Tribune also filed a lawsuit accusing Sinclair with breach of contract.

"We're obviously disappointed," Tribune Media CEO Peter Kern said on a conference call Thursday morning. He added that Sinclair unfortunately chose to follow a

You’re reading a preview, subscribe to read more.

More from NPR

NPR3 min read
Like To Bike? Your Knees Will Thank You And You May Live Longer, Too
New research shows lifelong bikers have healthier knees, less pain and a longer lifespan, compared to people who've never biked. This adds to the evidence that cycling promotes healthy aging.
NPR2 min read
Ohio Reviewing Race-based Scholarships After Supreme Court Affirmative Action Ruling
Higher education officials in Ohio are reviewing race-based scholarships after last year's Supreme Court ruling on affirmative action.
NPR2 min read
Usyk Beats Fury To Become First Undisputed Heavyweight Boxing Champion In 24 Years
Ukrainian boxer Oleksandr Usyk became the world's first undisputed heavyweight boxing champion in 24 years by beating British fighter Tyson Fury in Saudi Arabia's Riyadh.

Related Books & Audiobooks