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0.00232251404977636 0.00232251404977636 0.00401422181442836 0.00260924417937844 0.000745498336965222 0.00871659593990142 -0.00172038077761201 -0.00516114233283637
Stock impact report

MSG Sports And MSG Entertainment Begin Regular Way Trading [Forbes]

Madison Square Garden Sports Corp. Class A (New) (MSGS) 
Company Research Source: Forbes
(Photo by Nicolas Economou/NurPhoto via Getty Images)On November 7, 2019, The Madison Square Garden Company, a world leader in live sports and entertainment experiences, had announced that its board of directors has unanimously approved pursuing a revised plan for the proposed separation of its sports and entertainment businesses.On April 17, 2020, Madison Square Garden completed the tax-free spin-off of MSG Entertainment (NYSE: MSGE, $65.33, Market Capitalization $1.6 billion) and Madison Square Garden changed its name to MSG Sports (NYSE: MSGS, $182.44, Market Capitalization $4.4 billion).MSG shareholders received one ordinary share of MSG Entertainment for every one ordinary share of MSG held as of the record date of 4/13. Post spin- off, MSG Sports will be a pure-play sports company consisting of NY Knicks and NY Rangers, along with ESports and other sports teams. MSG Entertainment will include all existing businesses within the MSG entertainment segment and will also include spor Show less Read more
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