Bally Sports Parent Gets OK For $495M Settlement, $450M DIP

By Clara Geoghegan (February 26, 2024, 8:13 PM EST) -- A Houston bankruptcy judge on Monday approved a $495 million settlement and a $450 million debtor-in-possession financing package for Bally Sports Network's parent company, loading the bases for the broadcaster to file a Chapter 11 plan in the coming weeks....

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