Madison Square Garden Spinoff Plan Sends Shares to Record High
Pedestrians pass in front of the Madison Square Garden Co. venue in New York, U.S. (Photographer: Mark Kauzlarich/Bloomberg)

Madison Square Garden Spinoff Plan Sends Shares to Record High

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(Bloomberg) -- Madison Square Garden Co. is looking to spin off its pro-sports franchises, including the New York Knicks and New York Rangers, a bet that it can wring more value from the iconic tea...
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