19.12.2014 06:25:50
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Madison Square Garden Considers Further Breakup
(RTTNews) - Madison Square Garden Co. (MSG) said that its board authorized and directed the Company's management also to consider other spin-off structures including, without limitation, a separation of the Company's media business from its sports and entertainment businesses.
On October 27, 2014, Madison Square Garden noted that its board approved a plan to explore a possible spin-off to separate the company's entertainment businesses from its media and sports businesses, thus creating two distinct publicly traded companies.
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