Amazon to Buy Minority Stake in RSNs Giant Diamond Sports, Sinclair to Pay $495M in Settlement

Amazon to Buy Minority Stake in RSNs Giant Diamond Sports, Sinclair to Pay $495M in Settlement

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Diamond Sports Group, the largest U.S. operator of regional sports networks (RSNs), on Wednesday unveiled a so-called restructuring support agreement (RSA) with creditors, saying that it “provides a framework for a reorganization plan that would enable Diamond to emerge from bankruptcy as a going…

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