Sinclair to buy Tribune Media, expand TV reach

New York • Sinclair Broadcast Group, already the nation’s largest local TV station operator, wants to be even bigger. The company announced Monday that it will pay about $3.9 billion for Tribune Media and its 42 stations, which includes KTLA in Los Angeles, WGN in Chicago and WPIX in New York. Chicago-based Tribune also owns stakes in the Food Network and job-search website CareerBuilder. Sinclair has 173 stations, including KENV in Salt Lake City, KOMO in Seattle and WKRC in Cincinnati. The Tri...

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