Shareholder Class Action

A class of Tribune Media shareholders filed a <strong><a href="http://www.courthousenews.com/wp-content/uploads/2018/09/TribuneStock.pdf">lawsuit</a></strong> over the company’s failed effort to merge with Sinclair Broadcasting, claiming stock prices fell $6.44 per share when it was revealed that Tribune knew Sinclair was refusing to sell TV stations as part of the regulatory approval process.

CHICAGO – A class of Tribune Media shareholders filed a lawsuit over the company’s failed effort to merge with Sinclair Broadcasting, claiming stock prices fell $6.44 per share when it was revealed that Tribune knew Sinclair was refusing to sell TV stations as part of the regulatory approval process.

Categories / Business, Media, Securities

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