Tag: Diamond Sports Group
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Bally Sports Bankruptcy Gets Heated as Diamond Sports File Lawsuits Against Sinclair
Bally Sports’ bankruptcy filing is getting intense as more Diamond Sports Group the parent company of Bally Sports, filed a lawsuit against Sinclair and JP Morgan Chase. Earlier this year, Sinclair paid JP Morgan Chase $190.2 million to cover the majority of preferred equity units the bank bought for $1.025 billion in 2019. The money…