• Tribune sues Sinclair for $1B after spiking merger under FCC pressure

    8 days ago - By TechCrunch

    Media giants Sinclair and Tribune were all set to merge and create one of the country's biggest broadcasters - and a complacent FCC seemed to to be doing everything it could to help the deal along. But the regulator had a change of heart after evidence surfaced of duplicity too serious to be ignored, and the resultant red tape and bad PR provoked Tribune into spiking the deal and suing its would-be acquirer for $1 billion.
    The FCC, which until recently had been accused of being overly chummy with broadcasters, Sinclair in particular, last month issued a “de facto merger death sentence” to...
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  • Tribune Media kills $3.9B merger with Sinclair after FCC's 'serious concerns' - CNET

    8 days ago - By CNET

    Tribune says Sinclair breached its contract by misleading regulators.
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  • Tribune ends Sinclair merger bid and files suit over losses

    9 days ago - By Engadget

    Today, Tribune Media announced that it is no longer interested in Sinclair's $3.9 billion takeover. Furthermore, the company is filing suit against Sinclair for breach of contract, which asks for compensation for all of Tribune's losses as a result o...
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