Sinclair Broadcast to counter-sue Tribune Media after failed merger
A sign in front of Sinclair Broadcast Group. Photo: Win McNamee/Getty Images
Sinclair Broadcast Group is counter-suing Tribune Media, saying the company backed out of its intention to complete a $3.9 billion merger without doing everything in its power to see the deal through, reports The Hill.
Why it matters from Axios' Sara Fischer: It will be difficult for Sinclair to win a legal battle with Tribune, given the lawsuit is occurring, in part, as a result of Sinclair’s malpractice in disclosures around the merger, which was affirmed by the FCC.