MSG Sports Targets Rangers Spin-Off by October As It Looks to Unlock Value
Madison Square Garden Sports tops Q4 expectations with $1.16 EPS and $278.8M revenue as Knicks win NBA title.
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Why It Matters
MSG Sports did really well this quarter and now wants to split its Rangers hockey team into a separate company by fall. When big companies split apart, it can help people see each part's true value more clearly.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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