Tribune calls Sinclair's counterclaim 'entirely meritless'
Tribune Media (TRCO) issued the following statement regarding the lawsuit filed against the company by Sinclair Broadcast Group (SBGI): "Sinclair's counterclaim to Tribune's complaint is entirely meritless and simply an attempt to distract from its own significant legal exposure resulting from its persistent violations of Tribune's contractual rights. As detailed in Tribune's complaint, Sinclair repeatedly and willfully breached its contractual obligations during what should have been a straightforward regulatory review process. Sinclair's misconduct culminated in its submitting to the Federal Communications Commission divestiture proposals that led the Commission to order a hearing on the fundamental issue of Sinclair's lack of candor, thus ending any chance at merger approval in any reasonable timeframe. Tribune looks forward to holding Sinclair accountable in court." TRCO SBGI