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Tribune Media Company

Company NameTribune Media Company
Stock SymbolTRCO
Class PeriodJuly 30, 2018 to -
Lead Plaintiff Motion DeadlineJuly 30, 2018
Status1

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} On July 26, 2018, after the market closed, the Wall Street Journal reported that the U.S. Department of Justice is investigating whether Tribune, Sinclair Broadcast Group, Inc., and other independent television station owners had violated antitrust law by “coordinat[ing] efforts when their ad sales teams communicated with each other about their performance, potentially leading to higher rates for TV commercials[.]” On this news, Tribune’s stock price fell over 1.65% to close at $33.07 per share on July 27, 2018.

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