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Now Sinclair is Suing Tribune

When the FCC killed the Sinclair/Tribune deal, Tribune turned around and sued Sinclair for a billion dollars for botching the deal. 

Now, Sinclair has turned around and filed a lawsuit against Tribune. 

Yesterday, Sinclair filed a counterclaim against Tribune on Wednesday, blasting the company for its effort to build a case for litigation when it became clear that the FCC would not approve the $3.9 billion deal between the two companies.

“We were extremely disappointed that the Tribune transaction was terminated,” said Sinclair president-CEO Chris Ripley of the counterclaim. “We are likewise disappointed that Tribune, through its meritless lawsuit, is seeking to capitalize on an unfavorable and unexpected reaction from the Federal Communications Commission to capture a windfall for Tribune.”

Tribune called Sinclair’s counterclaim “entirely meritless and simply an attempt to distract from its own significant legal exposure resulting from its persistent violations of Tribune’s contractual rights.”

We can assure you, the people most likely to get rich off of this is the lawyers. 

H/T Variety


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