Tribune calls off $3.9B buyout by Sinclair

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NEW YORK (AP) — Tribune withdrew Thursday from its $3.9 billion buyout by Sinclair and it's filing a lawsuit against it, citing breach of contract. Tribune Media Co. is on the hook for a $135 million breakup fee, according to the agreement reached last year. Sinclair Broadcast Group Inc. had ...
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Tribune calls off $3.9B buyout by Sinclair

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