MSG Sports Board Approves Spin-Off of Rangers Business From Knicks Business
The board said the separation will create distinct businesses and may help unlock long-term value for shareholders.
6 Articles
6 Articles
MSG Sports Board Approves Corporate Spin-Off to Split Knicks and Rangers into Separate Public Entities - Ministry of Sport
Madison Square Garden Sports Corporation has announced that its board of directors has formally approved the corporate spin-off of its New York Rangers operations from its New York Knicks business, establishing two independent publicly traded entities.
MSG Sports Approves Spinoff of Rangers Business From Knicks
The board of Madison Square Garden Sports has approved the tax-free spinoff of the New York Rangers business from its New York Knicks business. The transaction is expected to be completed on Oct. 26, and the sports teams will trade on the New York Stock Exchange under the MSGK (Knicks) and MSGR (Rangers) symbols. MSG […]
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