August 07, 2020
A Maryland federal judge has given the initial nod to a deal worth nearly $25 million between Sinclair Broadcast Group Inc. and shareholders that would end allegations the media giant botched a $3.9 billion merger with Tribune Media Co.
July 24, 2020
Sinclair Broadcast Group Inc. shareholders have asked a Maryland federal judge to preliminarily approve a $24.9 million settlement to resolve allegations the media giant botched a $3.9 billion merger with Tribune Media, highlighting for the court corporate governance reforms and executive chairman David D. Smith's repayment of $4.36 million in stock awards.
May 01, 2019
Two directors of Sinclair Broadcast Group Inc. said Tuesday that shareholders suing the company over a botched $3.9 billion merger with Tribune Media Co. haven't shown why they couldn't take their demands to the board first.