Tribune to Buy 19 Local TV Stations for $2.73B

July 1 (Bloomberg) -- Tribune Co. agreed to buy Local TV Holdings LLC’s 19 television stations for $2.73 billion in cash, the biggest U.S. broadcasting deal in six years. President of Media Strategy at Frank Magid Associates Steve Ridge speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
August Market Rout Hits Hedge Funds
57:34 - Greenlight Capital, the investment firm led by David Einhorn, fell 5.3 percent in its main hedge fund in August as volatility in oil and Chinese stocks rattled markets. Bloomberg's Scarlet Fu reports on "Bloomberg Markets." (Source: Bloomberg)
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