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Tuesday, October 20, 2026Updated 23:23 UTC

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MSG Sports is splitting the Knicks and Rangers into two stocks, and history says spin-offs tend to beat IPOs

Source: Fortune · Oct 20, 2026 19:53 UTC

Wall Street in New York's Financial District with flags hanging from buildings — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

As the Knicks raise their first championship banner in 53 years, MSG Sports is spinning off the Rangers, giving investors a chance to own one team, both or neither.

Read the full story at Fortune

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