Tribune Media soars after Nexstar bid
Tribune Media shares jumped 11.7 percent to $44.98 on Monday after the owner of WGN-TV, WGN Radio and 42 local TV stations nationwide agreed to be acquired by Nexstar Media Group for about $4 billion. The move comes four months after a bid from Sinclair Broadcast Group collapsed. Nextar shares added 6.9 percent to $88.32. The deal would make Nexstar, whose stations reach nearly 39 percent of all U.S. television households, the biggest operator of local TV stations in the U.S. Yet, it still must be approved by federal regulators, as well as shareholders.
Markets closed on Wednesday
NEW YORK — Major U.S. stock markets will close Wednesday in honor of former President George H.W. Bush. The New York Stock Exchange and Nasdaq said they will close trading Wednesday in observance of a national day of mourning. The federal government will also be closed. U.S. traders observed a moment of silence before markets opened on Monday in honor of Bush.
Angry Popeyes customer accused of pointing gun
MARRERO, La. — A man is accused of pointing a gun at the manager of a Popeyes in Louisiana during a dispute over condiments.
NOLA.com/The Times-Picayune reported 59-year-old Earl Jethroe of Marrero walked into the eatery Friday, ordered a meal and apparently took issue with the condiments provided by employees.
At some point, the arrest report says, Jethroe threw his chicken across the counter, pulled a pistol from his waistband and pointed it at the manager. Jethroe didn’t fire the weapon, and no one was hurt. Authorities say deputies later found Jethroe at another restaurant, yelling. They say he smelled of alcohol and was unsteady on his feet.
Jethroe was arrested and charged with offenses including aggravated assault with a firearm.