Bally Sports Southwest parent files for Chapter 11 bankruptcy

Diamond Sports Group, which is the parent company of Bally Sports Southwest, entered into Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas with plans to eliminate almost all of its $8.6 billion of debt.

Bally Sports Southwest parent files for Chapter 11 bankruptcy
Diamond Sports Group, which is the parent company of Bally Sports Southwest, entered into Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas with plans to eliminate almost all of its $8.6 billion of debt.