Tribune Couldn't Predict Sinclair Merger Woes, 7th Circ. Says

By Kelly Lienhard (July 7, 2022, 7:49 PM EDT) -- The Seventh Circuit has upheld a lower court finding that Tribune Media Co. could not have reasonably anticipated the harm to investors caused when the company's merger with Sinclair Broadcast Group tanked due to Sinclair's resistance to government enforcers' regulatory demands....

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