FOR IMMEDIATE RELEASE
SINCLAIR TRIBUNE MERGER AGREEMENT TERMINATED; SINCLAIR FILES WITH THE FCC TO WITHDRAW THE MERGER APPLICATION AND FILES A MOTION TO TERMINATE THE HEARING BEFORE THE ADMINISTRATIVE LAW JUDGE
BALTIMORE, MD (August 9, 2018) – Sinclair Broadcast Group, Inc. (“Sinclair,” “Company”) (Nasdaq: SBGI) announced today that it received a termination notice of its Merger Agreement from Tribune Media Company (“Tribune”). In response, the Company subsequently has withdrawn with prejudice its FCC applications to acquire Tribune and filed with the Administrative Law Judge a notice of withdrawal of the applications and motion to terminate the hearing.
Read more…Tribune Merger Update 2