YOUR BUSINESS AUTHORITY

Springfield, MO

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

Open for Business: Soap Refill Station

A pair of former Springfield residents start a refilling shop for soaps, shampoos and other cleaning products; Midwest Archery opens at the former Carpet Barn; and The Rib Shack rebrands as The Rib Joint LLC.

Most Read
SBJ.net Poll
How often do you use the greenway trails in and around Springfield?

View results