Looking at the side bar, this seems like a very big deal: Tribune Media Terminates $3.9B Sinclair Deal, Files Lawsuit:

Sinclair Broadcast Group’s $3.9 billion takeover of Tribune Media, which would have created a local TV giant reaching nearly two-thirds of U.S. TV households, is dead.

Tribune Media made the announcement early Thursday, with analysts expecting that it will now look for a different buyer for its 42 TV stations, network WGN America and other assets. The news comes after a series of developments that cast doubt over the transaction, which had been unveiled 15 months ago.

Tribune said that it “has terminated its merger agreement with Sinclair Broadcast Group Inc. and that it has filed a lawsuit in the Delaware Chancery Court against Sinclair for breach of contract.” It added: “The lawsuit seeks compensation for all losses incurred as a result of Sinclair’s material breaches of the merger agreement.”

h/t Thanos