U.K.’s Sports Direct and Modell’s May Bid on Sports Authority

06/21/16

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U.K.-based Sports Direct International PLC and Modell’s Sporting Goods are in talking about a joint bit for Sports Authority Holdings Inc. Read the Daily Bankruptcy Review article via The Wall Street Journal.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

Brazil-based Telecom Oi filed for bankruptcy, the biggest in the country’s history, WSJ reports.

“American Idol” producer Core Entertainment Inc. filed its reorganization plan, DBR reports in WSJ.

Concert promoter SFX Entertainment Inc.’s bondholder support agreement has fallen apart, DBR reports in WSJ.

Peabody is paying law professor Laurence Tribe $435,000 to fight the Obama administration’s climate-change plan, Bankruptcy Beat reports.

DBR reports via Nasdaq on the bankruptcy of plant grower Zelenka Farms Inc.

The Orange County Register reports on a cancellation of an auction for Pacific Sunwear of California Inc.

(And don’t forget to check out what is happening with the latest professional bankruptcy moves.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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