Now Tribune withdraws from Sinclair merger, saying it will sue for ‘Breach of Contract’

Tribune Media said Thursday that it would withdraw from its proposed merger with Sinclair Broadcast Group, while announcing a $1 billion lawsuit against Sinclair over its failed negotiations with federal regulators over the deal. The breakdown of the deal reflects a reversal of fortunes for Sinclair, which had announced the $3.9 billion tie-up last year […]

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