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.
by Bill Chappell
Aug 09, 2018
2 minutes
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
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