MSGS Spinco, Inc. [MSGR] - Spin-off
The spin-off of MSGS Spinco, Inc. (ticker: MSGR) is set for September 16, 2026, with further details on business operations and financial information provided in the accompanying Information Statement.
Why this matters
MSGS Spinco, Inc., soon to be renamed MSG Rangers Corp., operates in the miscellaneous amusement and recreation services industry, focusing on sports entertainment, particularly the operations related to the New York Rangers hockey team. The spin-off from Madison Square Garden Sports Corp., which will be renamed MSG Knickerbockers Corp., is scheduled for September 16, 2026. This separation is part of a strategic move to create two distinct entities, each focusing on its core sports franchise, with MSG Rangers Corp. applying to list its Class A Common Stock on the NYSE under the symbol MSGR. The distribution will involve MSGS Spinco acquiring subsidiaries and assets related to the Rangers, and MSG Knickerbockers Corp. will change its NYSE symbol to MSGK.