Dodgers Look To Exit Bankruptcy By End Of Month

Law360, New York (April 6, 2012, 8:11 PM EDT) -- The Los Angeles Dodgers LLC announced Friday that they expect to emerge from their Chapter 11 bankruptcy by the end of the month after filing an amended reorganization plan that includes their sale to Guggenheim Baseball Management LP for $2 billion.

Also on Friday, the Federal Trade Commission granted Magic Johnson's investment firm early approval of the sale, which was announced last week and is scheduled for a confirmation hearing in Delaware bankruptcy court April 13. The Dodgers expect to be out of bankruptcy by April 30....
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