Comcast Yanks Offer To Buy Bankrupt Sports Network

Law360, Houston (March 18, 2014, 3:32 PM EDT) -- Comcast Corp. told a Texas bankruptcy judge on Monday it is no longer interested in taking over a struggling regional sports network it co-owns with Houston’s major league baseball and basketball franchises, following months of sparring over how to salvage the partnership.

In a notice filed with U.S. Bankruptcy Judge Marvin Isgur, Comcast said it will not make a bid to buy Houston Regional Sports Network LP, the parent company of CSN Houston, but remains open to alternative proposals from the Houston Astros and Houston Rockets...
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