Tribune Media Company
Attention investors who purchased shares of Tribune Media Company before May 8, 2017:
Rigrodsky & Long is investigating potential claims against the board of directors of Tribune Media Company concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by Sinclair Broadcast Group, Inc. for approximately $3.9 billion.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Tribune Media Company (“Tribune” or the “Company”) (NYSE: TRCO) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Sinclair Broadcast Group, Inc. (“Sinclair”) (NASDAQ GS: SBGI) in a transaction valued at approximately $3.9 billion. Under the terms of the agreement, shareholders of Tribune will receive $35.00 in cash and 0.23 shares of Sinclair Class A common stock for each share of Tribune common stock.
If you own common stock of Tribune and purchased any shares before May 8, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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