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(Reuters) - Madison Square Garden Entertainment Corp on Monday agreed to sell its stake in Tao Group Hospitality to realty-focused investment firm Mohari Hospitality in a deal that values the high-end restaurant business at $550 million. | Apr. 17
(Reuters) - Madison Square Garden Entertainment Corp on Monday agreed to sell its stake in Tao Group Hospitality to realty-focused investment firm Mohari Hospitality in a deal that values the high-end restaurant business at $550 million. | Apr. 17
With Tao Group joining Mohari's portfolio of investments, the companies look to create a global platform for the development and management of premium hospitality assets NEW YORK, April 17, 2023... | April 17, 2023
James Dolan on Monday agreed to sell the Tao Group to PokerStars co-founder Mark Scheinberg in a deal that values the high-end restaurant business at $550 million.
Tao Group has more than 70 outlets in 20 markets, including the stylish Hakkasan chain of upscale Chinese restaurants.