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Tribune Terminates $3.9 Billion Merger With Rival Sinclair

August 9, 2018 3:58 PM
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FCC Chairman Ajit Pai had concerns about Sinclair’s submissions and sent it to an administrative-law judge, a blow to the merger’s approval chances

Tribune Media Co. terminated its merger agreement with Sinclair Broadcast Group and sued the rival TV-station owner, alleging it failed to make sufficient efforts to get their $3.9 billion deal approved by regulators.

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