Madison Square Garden Sports completes separation of New York Rangers business
Bitget2026/10/27 12:31- Madison Square Garden Sports completed the separation of its New York Rangers business at 11:59 p.m. ET on October 26, 2026.
- The remaining company changed its name to MSG Knickerbockers, with shares beginning NYSE trading today under ticker MSGK.
- Newly formed MSG Rangers begins trading on the NYSE today under ticker MSGR.
- Stockholders received one MSG Rangers Class A or Class B common share for every two corresponding MSG Knicks shares held October 20, 2026.
- The distribution represented all outstanding MSG Rangers shares.
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