MSG Sports Board Approves Spin-Off of Rangers Business
Madison Square Garden Sports Corp. announced its board of directors has approved the spin-off of its New York Rangers business from its New York Knicks business. The transaction is expected to be completed on October 26, 2026.
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08:30:51 PM UTC
SquawkNews
Madison Square Garden Sports Corp. approved the spin-off of its New York Rangers business, expected to complete Oct 26, 2026, with a 1-for-2 distribution to stockholders of record on Oct 20, 2026, subject to conditions including league approval.Material DetailsContext by AI AnalystThis is a late-st…
08:34:31 PM UTC
SquawkNews
MADISON SQUARE GARDEN SPORTS CORP'S BOARD HAS APPROVED THE SPIN-OFF OF THE RANGERS BUSINESS FROM THE KNICKS BUSINESS, EXPECTED TO BE COMPLETED ON OCTOBER 26, 2026, WITH MSG SPORTS TO BE RENAMED MSG KNICKERBOCKERS CORP. INCLUDING THE KNICKS AND WESTCHESTER KNICKS.