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  • Diamond Sports Group Makes Payment To Padres, Games To Remain On Bally Sports San Diego

    Sinclair-owned Diamond Sports Group (DSG), which runs the Bally Sports branded regional sports networks, made their rights fee payment to the San Diego Padres on the last day of a 30-day grace period thus ensuring that, for at least the near term, the team will be seen on Bally Sports San Diego.

  • Codiak BioSciences Files For Chapter 11 Bankruptcy

    Codiak BioSciences Inc (NASDAQ: CDAK) voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware and will seek to pursue a sale process for its assets. The company began a marketing process ahead of the Chapter 11 filing to determine the level of market interest and is in ongoing discussions with several parties. The company expects to consummate a sale of the entire business or its core assets. Codiak...

    Yahoo News
  • SVB Financial Files For Chapter 11 Bankruptcy

    SVB Financial Files For Chapter 11 Bankruptcy SVB Financial Group, the company whose former subsidiary Silicon Valley Bank was taken over by the Federal Deposit Insurance Corporation last week, filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the Bankruptcy Court for the Southern District of New York to "preserve value." SVB Financial said it has approximately $2.2 billion of liquidity and cash and its interests in SVB Capital and SVB...

  • Diamond, owner of RSNs for 40-plus teams, files for bankruptcy

    Diamond Sports Group, the Sinclair subsidiary that controls the RSNs for more than 40 teams across MLB, the NHL and the NBA, has filed for bankruptcy.