A New York judge has approved the final sale of embattled entertainment company Relativity Media to take place in October and is allowing the studio to keep running for now, the Los Angeles Times reports. Some lenders had originally filed objections to the timeline before the hearing, saying it was too short to allow for an auction. Relativity Media filed for bankruptcy last month after being unable to pay its debts. A possible starting bid has been set at $250 million.
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