Madison Square Garden (MSG) to Spin-Off Entertainment Businesses
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The Madison Square Garden Company Provides Update on Potential Spin-Off Transaction
November 7, 2019 4:15 PM ESTCompany Now Pursuing Full Spin-off of Entertainment Businesses from Sports Businesses
Proposed Transaction Still Expected to be Completed During the First Quarter of Calendar 2020
NEW YORK, Nov. 07, 2019 (GLOBE NEWSWIRE) -- The Madison Square Garden Company (NYSE: MSG) today announced that its board of directors has unanimously approved pursuing a revised plan for the proposed separation of its sports and entertainment businesses. The Company is now pursuing a spin-off of its entertainment businesses into a separately traded... More
