HENLEY, Circuit Judge.
This diversity case is before us on the appeal by plaintiffs from an order of the United States District Court for the Northern District of Iowa (Chief Judge Edward J. McManus) dismissing their complaint against American Broadcasting Companies, Inc. (ABC) on grounds of res judicata.
Plaintiffs are the principal stockholders in the now defunct Dubuque Communications Corp., d/b/a Channel 40 — KDUB-TV,
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