Sinclair Broadcast Group Acquires Tribune Media For $3.9 Billion

CHICAGO , IL – MAY 08: A sign sits outside the studio of Tribune Media Company’s, WGN television studio on May 8, 2017 in Chicago, Illinois. Tribune Media Co. announced today it has agreed to be acquired by Sinclair Broadcast Group for $43.50 per share or about $3.9 billion. Sinclair currently owns 173 Television stations and Tribune 42. (Photo by Scott Olson/Getty Images)

By Paul Donovan on August 23, 2017

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