Tagged MSG

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Possible Rangers/Knicks Spin Off in the Works

It’s not the Yankees but still, interesting… Item 8.01 Other Events The Madison Square Garden Company (MSG) today announced that its board of directors has unanimously approved a plan to explore a possible spin-off that would separate its sports businesses from its entertainment businesses, creating two distinct publicly traded companies. If MSG proceeds with the spin-off transaction, it would be…

MSG Spin to Trade When-Issued Sep 17

The Madison Square Garden Company has approved the spin-off of its sports and entertainment businesses from its media business. Upon completion of the transaction, MSG will be a standalone media company and will change its name to MSG Networks Inc. and the newly formed sports and entertainment company will be called The Madison Square Garden Company….

MSG to Spin Off Sports/Entertainment Unit

The Madison Square Garden Company (Nasdaq:MSG) today announced the filing of an initial Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with MSG’s previous announcement that it was exploring a possible separation of its businesses into two publicly traded companies. The planned separation would be structured as a tax-free spin-off of the sports…

Madison Square Co to Consider Spin Off

(Market Cap $5.75B) The Madison Square Garden Company has approved a plan to explore a possible spin-off that would separate its entertainment businesses from its media and sports businesses, creating two distinct publicly traded companies. Separately, the Board has authorized the repurchase of up to $500 million of the Company’s Class A common stock and announced the…