Tag

Publicly Traded

All articles tagged with #publicly traded

business1 month ago•2 min saved

MSG Sports eyes split of Knicks and Rangers into separate public companies

Madison Square Garden Sports' board approved exploring a plan to spin off its two franchises into separate publicly traded companies: the Knicks (and Westchester Knicks) as one company, and the Rangers (and Hartford Wolf Pack) as another. There is no timeline or guarantee; approvals from the NBA and NHL are required, and the move would aim to give each franchise clearer focus and investor characteristics, reflecting Dolan-era corporate restructuring.

via The New York Times|

#business #knicks #msg-sports

business8 months ago•2 min saved

Los Angeles Times to Go Public, Says Owner Patrick Soon-Shiong

The Los Angeles Times will become a publicly traded company, announced by owner Patrick Soon-Shiong, aiming to democratize ownership and rebuild trust in media, with the transition expected over the next year.

via Variety|

#business #los-angeles-times #media-ownership

sports2 years ago•3 min saved

Atlanta Braves Go Public, Leave Liberty Media for Nasdaq Trading

The Atlanta Braves have become the only publicly traded franchise in Major League Baseball (MLB) after shareholders approved a split from their former parent company, Liberty Media. The Braves, trading under ticker symbols "BATRA," "BATRB," and "BATRK" on Nasdaq, are selling shares at a favorable time with a successful team, a new stadium, and a roster of all-stars. Meanwhile, MLB took over broadcasts of the Arizona Diamondbacks' games after Diamond Sports Group, which owned broadcast rights to 14 MLB teams, filed for bankruptcy. MLB's takeover allows for wider distribution and streaming options for fans.

via The Washington Post|

#atlanta-braves #broadcasting-rights #mlb