|Company name||Tribune Media Company|
NEW YORK, December 3, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Tribune Media Company (NYSE: TRCO) on behalf of stockholders concerning the proposed acquisition of the company by Nexstar Media Group, Inc. (NASDAQ: NXST).
Pursuant to the proposed transaction, announced on December 3, 2018 and valued at $6.4 billion, Tribune Media stockholders will receive $46.50 in cash for each share of Tribune Media common stock owned. The investigation focuses on whether Tribune Media and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own Tribune Media shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at email@example.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.