July 18, 2017 / 1:43 PM / a month ago

BRIEF-Old PSG Wind-Down provides restructuring process update

July 18 (Reuters) - Old PSG Wind-Down Ltd

* Old PSG Wind-Down Ltd (formerly, Performance Sports Group Ltd.) provides restructuring process update

* Old PSG Wind-Down Ltd - obtained approval from U.S. bankruptcy court, Ontario Superior Court of Justice of stipulation to finalize a purchase price adjustment

* Old PSG Wind-Down Ltd - Pursuant to stipulation, co to get about $8.0 million, subject to certain fees and expenses, of funds previously placed in escrow Source text for Eikon:

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