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Sinclair Investors Press $25M Deal Over Failed Tribune Merger

By Hannah Albarazi ( July 24, 2020, 4:48 PM EDT) -- Sinclair Broadcast Group Inc. shareholders have asked a Maryland federal judge to preliminarily approve a $24.9 million settlement to resolve allegations the media giant botched a $3.9 billion merger with Tribune Media, highlighting for the court corporate governance reforms and executive chairman David D. Smith's repayment of $4.36 million in stock awards....

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