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According to Bloomberg, MSG Networks (MSGN) approached by MSG Entertainment (MSGE)

  • March 11, 2021

POTENTIAL DEAL DETAILS

StockMSG Networks Inc.SymbolMSGN
Date Announced03/10/2021Source Bloomberg
TypeNews Report
Date of Confirmation: 03/26/2021Price at Confirmation: $16.49
Potential Profit: -19.52%Annualized Profit: -445.34%

MSG Networks Inc. (MSGN), which owns the cable channel that airs New York Knicks basketball games, is considering a merger with Madison Square Garden Entertainment Corp. (MSGE), according to people familiar with the matter, potentially recombining two pieces of the Dolan family entertainment empire.

 

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