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-0.000202388180530217 0.000404776361060433 0.000404776361060433 0.000809552722121011 0.0017202995345072 0.000809552722121011 0 0.00111313499291641
Stock impact report

The Price Of MSG Network Bodes Well For Disney's Sale Of Fox's Sports Networks [Forbes]

Fox Corporation - Class A (FOXA) 
Last fox corporation - class a earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: 21cf.com/investor-relations
Company Research Source: Forbes
New York Yankees' Aaron Judge, left, reacts after scoring on a double by Aaron Hicks during the sixth inning of the American League wild-card playoff game Oct. 3, 2018 (AP Photo/Frank Franklin II) ASSOCIATED PRESS I believe the reports that the bids for the 22 RSNs Disney must divest as a result of its $71 billion purchase of assets from 21st Century Fox have been disappointing are wrong. Why? Take a look at MSG Network, the only publicly traded pure play regional sports network. Since news broke that Disney would be selling the RSNs in late June, MSGN's stock price has gone up almost 5% while the stock market is down more than 3%. The divergence in the performance of MSGN and the S&P 500 has continued in recent days as news of a lackluster sale process for the 22 RSNs as more bad news has spilled out. Anyone who believes what's really going in the auction of the RSNs has not filtered through to Wall Street is, I think, being naive. If you agr Show less Read more
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