Madison Square Garden Sports Board Approves Divestment Of Its New York Rangers Operations From Its New York Knicks Business; MSG Sports To Be Renamed As MGS Knickerbockers Upon Completion; Completion Anticipated On Oct. 26
Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports" or the "Company") today announced that its board of directors has approved the spin-off of its New York Rangers business from its New York
Madison Square Garden Sports is splitting into two separate companies. When a big company breaks apart like this, watch to see if each piece runs better on its own.
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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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