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Business

Judge approves $2.46 billion Boy Scouts reorganization plan in sex abuse suit

BSA United States

A bankruptcy judge approved Thursday the Boy Scouts of America's (BSA) $2.46 billion reorganization plan.

Why it matters: It would enable the BSA to exit Chapter 11 and continue operating while compensating over 80,000 men who allege scout leaders sexually abused them, per Reuters.

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