MSG Rangers Becomes New Public Company
Key Highlights
- ➤MSG Rangers completed its spin-off from MSG Knicks.
- ➤MSGR begins NYSE trading under ticker symbol MSGR today.
- ➤MSG Knicks stockholders received one MSG Rangers share per two shares held.
- ➤Spin-off distribution occurred October 26, 2026, to October 20 record-date stockholders.
- ➤Distribution is structured as tax-free for U.S. federal income tax purposes.
MSG Rangers Corp. (NYSE: MSGR) (the “Company” or “MSG Rangers”) announced that it has completed its spin-off from MSG Knickerbockers Corp. (NYSE: MSGK) (“MSG Knicks”), formerly Madison Square Garden Sports Corp., and will begin trading today on the NYSE under the ticker symbol “MSGR.”
The spin-off distribution was completed at 11:59 p.m. ET on October 26, 2026 to stockholders of record of MSG Knicks as of the close of business on October 20, 2026. Each of MSG Knicks’ stockholders received a distribution of one share of the new MSG Rangers Class A or Class B common stock for every two shares of MSG Knicks’ Class A or Class B common stock, respectively, held as of the record date, representing all the outstanding shares of MSG Rangers.
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