Cablevision Won’t Sell MSG

May 12, 2009  •  Post A Comment

Cablevision Systems said it won’t sell its Madison Square Garden division or any other business, although a spinoff of MSG remains a possibility, the Wall Street Journal reports. In a spinoff, the Dolan family would keep control of MSG, although shareholders would be able to sell their shares in the sports-arena and entertainment division, the newspaper says.
—Aimee Picchi

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