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Tribune Media found another buyer after its last merger was scuttled.Nexstar Media Group announced Monday it will buy Tribune's 42 television stations and cable network in an all-cash .1 billion deal. The merger will form the nation's largest TV station company. Tribune's stock (TRCO) is surging 10% in premarket trading.The acquisition comes four months after Sinclair Broadcast Group's attempted purchase of Tribune was terminated. The two companies are still embroiled in lawsuits over the failed merger, which came under intense scrutiny from government regulators and criticism from public watchdogs.The sheer size of Nexstar will massively enlarge the Texas-based media company. If approved, the combined company will own more than 200 TV stations and cover 39% of US households.Nexstar will now gain a foothold in major markets, including New York, Los Angeles and Chicago for the first time, plus a cable channel (WGN America) and a 31% stake in the Food Network.Nexstar CEO Perry Sook said in a release that the two companies has a "clear path to closing.""Nexstar has long viewed the acquisition of Tribune Media as a strategically, financially and operationally compelling opportunity that brings immediate value to shareholders of both companies," Sook said.The company acknowledged it will have to sell some local TV stations to get approved.The long wait for a buyer is good news for Tribune shareholders: The new deal is a 45% spike in value of its stock compared to its July 16, 2018 closing price when Federal Communications Commission Chair Ajit Pai called for a hearing over the Sinclair-Tribune deal. 1632
UPDATE 6:04 PMThe bus driver, a 52-year-old man from Whittier, Calif., survived with minor injuries and was speaking with CHP investigators. 10News learned the charter bus originated from El Monte in East Los Angeles and made multiple stops en route to San Ysidro, including Riverside and Murrieta. The bus crashed about 20 miles south of Murrieta in Pala Mesa.Three females, described as Hispanic, were killed in the crash, authorities said.According to officials, a five-year-old male passenger was transported to Riverside University Health Systems Medical Center, about 50 miles north from the scene of the crash.Five other passengers were transported to Palomar Hospital, seven were transported to Temecula Valley Hospital, and five were taken to Inland Valley Hospital. Their conditions are unknown at this time.California Highway Patrol said the bus was equipped with seat belts. It is unknown if the injured passengers were secured into the seat belts at the time of the crash.Stay with 10News for updates to this developing story.-------------PALA MESA, Calif. (KGTV) — At least three people were killed and 18 other people were injured after a charter bus crashed and overturned on Interstate 15 Saturday.The bus was on southbound I-15 just south of State Route 76 before 10:30 a.m. The bus lost control for some reason, skidding into the dirt on the freeway's shoulder and overturning.Officers arrived to find the bus overturned with at least one passenger trapped inside still. Crews also needed to stabilize the bus to prevent it from falling down an embankment.At least three people were killed, according to North County Fire Protection District (NCFPD). One victim was found dead inside the bus, NCFPD Capt. John Choi told City News Service. Some passengers were ejected from the crash.Eighteen people were taken to Inland Valley Hospital, Palomar Medical Center, and Temecula for injuries ranging from minor to critical condition. The ages of passengers ranges from minors to adults.The bus driver, a man from Whittier, Calif., survived with minor injuries and was speaking with CHP investigators. The bus was traveling from the Los Angeles area to San Ysidro.A Sig Alert was issued for the area after lanes of traffic on SB I-15 were closed for first responders to work in the area.Crews from Camp Pendleton, CalFire, Pala Mesa, Vista, and Oceanside were assisting, Choi told CNS.10News is monitoring this breaking news. City News Service contributed to this report. 2495
Two record-breaking cats are missing following a house fire in Farmington Hills, Michigan. The metro Detroit family owns the world's tallest cat and the cat with the world's longest tail. The animals are both 2 years old. RELATED: 254
TUCSON, Ariz. — The pandemic has taken its toll on all of us, but some folks are finding comfort in sampling their favorite candies. Candy sales are making life a little bit sweeter this holiday season for the owners of Chocolate Depot in Trail Dust Town. Scott and Pascale Rail say they love what they do and found ways to serve their customers through the pandemic. The couple has been selling their special Belgian chocolate, pies, fudge, and toffee for more than 16 years. 484
US Attorney General Jeff Sessions has asked senior federal prosecutors to "evaluate certain issues" presented by House Republicans, including alleged ties between the Clinton Foundation and the sale of Uranium One.The Obama-era sale of the Canadian uranium mining company to Russia's Atomic Energy Agency, Rosatom, is already being investigated by House Republicans. The deal was approved in 2010, when Hillary Clinton was secretary of state. Although the claims have not been proven, some Republicans, including President Donald Trump, have alleged that Russian interests sought to donate to the Clinton Foundation to persuade Clinton to support the deal.In a letter to House judiciary committee chairman Bob Goodlatte, assistant attorney general Stephen Boyd said the senior prosecutors will make recommendations to the attorney general and deputy general on whether "any matters not currently under investigation should be opened, whether any matters currently under investigation require further resources, or whether any merit the appointment of a special counsel."Monday's letter comes after public criticisms of the Justice Department's focus from Trump, who has bemoaned the fact that he can't give direction to the agency."Everybody is asking why the Justice Department (and FBI) isn't looking into all of the dishonesty going on with Crooked Hillary & the Dems," Trump said in a series of tweets on November 3. "...New Donna B book says she paid for and stole the Dem Primary. What about the deleted E-mails, Uranium, Podesta, the Server, plus, plus... People are angry. At some point the Justice Department, and the FBI, must do what is right and proper. The American public deserves it!"Goodlatte and other Republicans on the House judiciary committee sent two letters to Sessions and deputy attorney general Rod Rosenstein, dated July 27, 2017?and September 26, 2017, asking for the appointment of another special counsel to look into "matters that appear to be outside the scope of special counsel Robert Mueller's investigation."Mueller is currently heading up a special counsel investigation into possible ties between the Trump campaign and Russia.The Washington Post previously reported on Boyd's letter Monday."The Department of Justice ... takes seriously its responsibility to provide timely and accurate information to Congress on issues of public interest, and seeks to do so in a non-political manner that is consistent with the Department's litigation, law enforcement, and national security responsibilities," Boyd wrote.The letter from Boyd also makes reference to a previous correspondence sent to Goodlatte and others from the Department's Inspector General from January 12, 2017, regarding a review of allegations surrounding the FBI's investigation into Hillary Clinton's private email server.During Sessions' confirmation hearing, Sessions told Sen. Chuck Grassley he would recuse himself from any investigation pertaining to the Clinton email investigation and anything relating to the Clinton Foundation. 3130