MSGS Spinco, Inc. [MSGR] - Spin-off
The spin-off of MSGS Spinco, Inc. (ticker: MSGR) is set to occur on September 30, 2026, with details on business operations and financial information provided in the accompanying Information Statement.
Why this matters
MSG Sports is spinning off its subsidiary, MSGS Spinco, Inc., which will be renamed MSG Rangers Corp., focusing on the miscellaneous amusement and recreation services industry, particularly tied to the operations and success of the New York Rangers hockey team. The spin-off, approved by the board of directors, is set to occur on September 30, 2026, as part of a strategic restructuring where MSG Sports will also rebrand itself as MSG Knickerbockers Corp. The Class A Common Stock of MSG Rangers Corp. will be listed on the NYSE under the symbol MSGR, while MSG Knickerbockers Corp. will trade under the symbol MSGK.