First Squawk(@FirstSquawk):MADISON SQUARE GARDEN SPORTS CORP SAYS MSG SPORTS STOCKHOLDERS WILL RECEIVE ONE MSG RANGERS SHARE FOR EVERY TWO MSG SPORTS SHARES, WITH THE COMMON STOCK TO TRADE AS MSGS AND MSGK WI ON THE NYSE, AND THE SPIN-OFF INTENDED TO QUALIFY AS A TAX-FREE DISTRIBUTION FOR U.S. FEDERAL INCOME TAX PURPOSES.

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First Squawk@FirstSquawk

2026.09.30 20:33

MADISON SQUARE GARDEN SPORTS CORP SAYS MSG SPORTS STOCKHOLDERS WILL RECEIVE ONE MSG RANGERS SHARE FOR EVERY TWO MSG SPORTS SHARES, WITH THE COMMON STOCK TO TRADE AS MSGS AND MSGK WI ON THE NYSE, AND THE SPIN-OFF INTENDED TO QUALIFY AS A TAX-FREE DISTRIBUTION FOR U.S. FEDERAL INCOME TAX PURPOSES.