{"id":1014042,"date":"2026-10-27T10:40:35","date_gmt":"2026-10-27T14:40:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/msg-rangers-becomes-new-public-company\/"},"modified":"2026-10-27T10:40:35","modified_gmt":"2026-10-27T14:40:35","slug":"msg-rangers-becomes-new-public-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/msg-rangers-becomes-new-public-company\/","title":{"rendered":"MSG Rangers Becomes New Public Company"},"content":{"rendered":"

<\/p>\n

MSG Rangers Becomes New Public Company<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nMSG Rangers Corp. (NYSE: MSGR) (the \u201cCompany\u201d or \u201cMSG Rangers\u201d) announced that it has completed its spin-off from MSG Knickerbockers Corp. (NYSE: MSGK) (\u201cMSG Knicks\u201d), formerly Madison Square Garden Sports Corp., and will begin trading today on the NYSE under the ticker symbol \u201cMSGR.\u201d<\/p>\n

\nThe 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\u2019 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\u2019 Class A or Class B common stock, respectively, held as of the record date, representing all the outstanding shares of MSG Rangers.<\/p>\n

\nNo action or payment was required by MSG Knicks stockholders to receive the new MSG Rangers shares. Stockholders who held MSG Knicks\u2019 common stock as of the record date will receive a book-entry account statement reflecting their ownership of the new MSG Rangers shares or their brokerage account will be credited with the new MSG Rangers shares.<\/p>\n

\nThe spin-off has been structured to qualify as a tax-free distribution to MSG Knicks\u2019 stockholders and MSG Knicks for U.S. federal income tax purposes. MSG Knicks stockholders are urged to consult with their tax advisors with respect to the U.S. federal, state, local and foreign tax consequences of the spin-off.<\/p>\n

About MSG Rangers Corp.<\/b><\/p>\n

\nMSG Rangers Corp. is a leading professional sports company that owns and operates the New York Rangers (NHL) as well as a development league team, the Hartford Wolf Pack (AHL). As an \u201cOriginal Six\u201d franchise of the NHL, the Rangers have a storied history that includes four Stanley Cup Championships. In addition, the Company operates a professional sports team performance center, the MSG Training Center, in Greenburgh, NY. More information is available at msgrangers.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

This press release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments or events may differ materially from those in the forward-looking statements as a result of various factors, including financial community perceptions of the Company and its business, operations, financial condition and the industry in which it operates, and the factors described in the Company\u2019s filings with the Securities and Exchange Commission, including the sections titled \u201cRisk Factors\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d contained therein. The Company disclaims any obligation to update any forward-looking statements contained herein.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20261027555757\/en\/<\/a><\/span><\/p>\n

corpcomms@msgrangers.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Hockey Entertainment Sports Other Entertainment General Entertainment Other Sports General Sports<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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MSG Rangers Becomes New Public Company NEW YORK–(BUSINESS WIRE)– MSG Rangers Corp. (NYSE: MSGR) (the \u201cCompany\u201d or \u201cMSG Rangers\u201d) announced that it has completed its spin-off from MSG Knickerbockers Corp. (NYSE: MSGK) (\u201cMSG Knicks\u201d), formerly Madison Square Garden Sports Corp., and will begin trading today on the NYSE under the ticker symbol \u201cMSGR.\u201d 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\u2019 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\u2019 Class A or Class B common stock, … <\/p>\n

Continue reading “MSG Rangers Becomes New Public Company”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1014042","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMSG Rangers Becomes New Public Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/msg-rangers-becomes-new-public-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MSG Rangers Becomes New Public Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MSG Rangers Becomes New Public Company NEW YORK–(BUSINESS WIRE)– MSG Rangers Corp. (NYSE: MSGR) (the \u201cCompany\u201d or \u201cMSG Rangers\u201d) announced that it has completed its spin-off from MSG Knickerbockers Corp. (NYSE: MSGK) (\u201cMSG Knicks\u201d), formerly Madison Square Garden Sports Corp., and will begin trading today on the NYSE under the ticker symbol \u201cMSGR.\u201d 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. 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