If you are one of the Tribune employees holding out hope that the deal for Sinclair to buy Tribune might fall through, we have some bad news for you. 

Peter Kern, Tribune Media's CEO, who will earn millions when the deal closes said Wednesday that Sinclair's $3.9 billion bid to buy Tribune's 42 TV stations remains "on track".

Kern did acknowledge the Department of Justice had issued a second request for information on the deal from both Sinclair and Tribune.

Kern was speaking during Tribune's announcement of its second-quarter financial results. Sinclair and Tribune have signaled that "on track" would be a close by the end for the fourth quarter.

So basically....you guys have till the end of the year to find another job, or decide to "spend more time with your family." 

H/T Mutichannel News