Tribune withdraws from Sinclair merger, sues for $1 billion in damages over ‘breach’ of contract

Sinclair Broadcast Group’s headquarters in Hunt Valley, Md., in 2004. (Steve Ruark/AP) A proposed merger that would have created the biggest U.S. television company collapsed Thursday when Tribune Media announced a $1 billion lawsuit against Sinclair Broadcast Group on grounds that the conservative television giant engaged in “misconduct” and precluded U.S. government approving of the…

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