A proposed $3.9 billion deal to combine two broadcasting giants has fallen apart and is headed to court. And that means that a pair of sister Denver television stations won’t change hands after all (at least for now).
A buyout deal under which Sinclair Broadcasting Group would take over Tribune Media Co. was terminated Thursday, and Tribune is suing Sinclair for $1 billion, alleging breach of contract in its complaint.
As part of the deal, two Tribune-owned TV stations in Denver — KDVR-Fox31 and KWGN-Channel 2 — would have changed hands.
The two stations are operated jointly at a shared building at Speer Boulevard and Lincoln Street in Denver.
