The Sinclair/Tribune Merger Is Dead
Business, Spoken
English - August 14, 2018 07:10 - 5 minutes - ★★★★ - 16 ratingsBusiness News News spokenlayer Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
A merger that would have given a conservative broadcasting company access to 73 percent of US households is now officially dead. Today, the Tribune Media Company announced that it has terminated its $3.9 billion merger agreement with Sinclair Broadcast Group, and is now suing Sinclair for $1 billion for breach of contract.
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A merger that would have given a conservative broadcasting company access to 73 percent of US households is now officially dead. Today, the Tribune Media Company announced that it has terminated its $3.9 billion merger agreement with Sinclair Broadcast Group, and is now suing Sinclair for $1 billion for breach of contract.
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