[Bloomberg news]

Los Angeles Dodgers File for Bankruptcy

The Los Angeles Dodgers filed for bankruptcy protection to gain time to complete a television- rights deal and ward off creditors.

The Major League Baseball franchise listed assets of as much as $1 billion and debt of as much as $500 million in a filing today in U.S. Bankruptcy Court in Wilmington, Delaware
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rest:
http://www.bloomberg.com/news/2011-06-27/los-angeles-dodgers-file-for-chapter-11-bankruptcy-seek-television-deal.html

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