Comcast Reaches Deal Allowing Astros to Seek Network Deal
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Major League Baseball’s Astros were authorized to find a carrier for Houston Regional Sports Network LP, which televises the team’s games, after a judge ruled the club could act as lead negotiator in developing a business plan for the future of the network.
U.S. Bankruptcy Judge Marvin Isgur at a hearing yesterday in Houston declined to rule on the validity of Comcast Corp.’s bid to force the network into involuntary bankruptcy, a move opposed by the Astros.