Lawsuit Overview
August 11, 2017 (Shareholders Foundation) - An investor, who currently holds shares of Tribune Media Co (NYSE:TRCO), filed a lawsuit in effort to halt the proposed takeover of Tribune Media Co by Sinclair Broadcast Group, Inc for $43.50 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:TRCO stockholders by agreeing to sell Tribune Media...
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