Diamond Sports Group has won court approval of its bankruptcy plan,  a move that will end the regional sports network company’s ownership by Hunt Valley-based Sinclair Inc. and usher in an

Diamond Sports will be able to reduce its debt load to $200 million. Certain creditors will hold equity in the company post-bankruptcy. This article, Diamond Sports wins bankruptcy court approval for reorganization plan,

Regional sports broadcaster Diamond Sports Group received court approval on Thursday for a bankruptcy restructuring that will rebrand its TV channels, trim nearly $9 billion in debt, and renegotiate broadcast contracts with six Major League Baseball teams.