The Sinclair/Tribune Merger Is Dead. Here’s Why That Matters

The Sinclair/Tribune Merger Is Dead. Here’s Why That Matters

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. Last month the …