MSG Networks nears deal to skirt bankruptcy — potentially clearing path for YES merger: sources

6 hours ago Business NY Post - Business 1

Under terms of the deal, MSGN -- which carries the Knicks, Rangers, Islanders, Devils and Sabres and Gotham FC -- will win a debt refinancing in which JPMorgan agrees to reduce it to around $600 million from a current bill of roughly $800 million, sources close to the talks said.

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