Madison Square Garden Entertainment’s Board Reaches $85M Deal to Settle Shareholder Suit

16 March 2023

Madison Square Garden Entertainment’s board has agreed to settle for $85 million a shareholder suit accusing it of failing to protect stockholders’ interests when it merged with MSG Networks. The deal will be covered by the board’s insurers, according to a securities form filed on Wednesday. There was no admission of wrongdoing. The suit filed […]

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