On November 13 , 2018 , Ion Media , Cerberus Capital , and Hicks Equity Partners expressed interest in Tribune Media .
On August 9 , 2018 , Tribune decided to back out on the merger , and decided to sue Sinclair , alleging breach of contract. In November 2018 , sale rumors intensified again , with Bryon Allen ( founder of Entertainment Studios , Ion Media ( in partnership with Cerberus Capital and Hicks Equity Partners ) having reported interest and Nexstar Media Group having had reported interest.
Tribune Media