July 18 (Reuters) -
* Old PSG Wind-Down Ltd. (formerly, performance sports group ltd.) provides restructuring process update
* Old PSG Wind-Down-obtained approval from u.s. Bankruptcy court, ontario superior court of justice of stipulation to finalize a purchase price adjustment
* Old PSG Wind-Down - pursuant to stipulation, co to get about $8.0 million, subject to certain fees and expenses, of funds previously placed in escrow