Judge rules DSG can emerge from bankruptcy

(Photo credit: Jayne Kamin-Oncea-Imagn Images)
Regional sports network giant Diamond Sports Group is ready to exit bankruptcy after getting judicial approval on Thursday.

Judge Christopher Lopez, representing the Southern District of Texas in Houston, gave the OK to the company's Chapter 11 reorganization.

DSG stated in a press release that its plan "will reduce its debt from almost $9 billion to $200 million. Upon comp