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MSG Networks and MSG Entertainment Might Re-Merge


MSG Networks and MSG Entertainment Might Re-Merge
MSG Networks and MSG Entertainment might again become one company, a media report says.
Author:
MSG Networks  (
MSGN) - Get Report and Madison Square Garden Entertainment MSGE are considering re-merging, a media report says.
MSG Networks shares have wavered on Thursday and at last check were trading little changed at $19.14. Madison Square Garden Entertainment shares were trading 1.4% off at $114.35.
Bloomberg News reported the plan, based on remarks from people familiar with the matter.
Representatives from MSG Networks and MSG Entertainment declined to comment to Bloomberg on the matter. 
Still, the potential merger would be a fascinating venture. Both entities are owned by the Dolan family and were previously one company. ....

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City & State names first advisory board

City & State names first advisory board
cityandstateny.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityandstateny.com Daily Mail and Mail on Sunday newspapers.

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Ariel Investments Sees Bright Future in Madison Square (MSGE)


Ariel Investments Sees Bright Future in Madison Square (MSGE)
Ariel Investments, an investment management firm, published its fourth-quarter 2020 ‘Ariel Fund’, ‘Ariel Appreciation Fund’, ‘Ariel Focus Fund’, ‘Ariel International Fund’, and ‘Ariel Global Fund’ Investor Letter – a copy of which can be downloaded here. In the fourth quarter of 2020, a return of 31.56% was recorded by Ariel fund, 23.57% by Ariel Appreciation Fund, 21.62% by Ariel Focus Fund, 8.26% by Ariel International Fund, and 9.80% return by Ariel Global Fund. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Ariel Investments, in their Q4 2020 investor letter, emphasized their Madison Square Garden Entertainment Corp. (NYSE: MSGE) position. Madison Square Garden Entertainment Corp. is a New York-based entertainment company that offers entertainment venues and hosts live events. It currently has a $2.8 billion market capitalization. In the past month, ....

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