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MSGS WI - Madison Square Garden Co News Story

$172.47 17.5  11.3%

Last Trade - 17/04/20

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £2.92bn
Enterprise Value £3.18bn
Revenue £278.5m
Position in Universe th / 7405

Madison Square Garden Co chairman settles U.S. securities charges -FTC

Thu 6th December, 2018 5:22pm
WASHINGTON, Dec 6 (Reuters) - U.S. regulators have charged
the chairman of the Madison Square Garden Co  MSG.N , which owns
the New York Knicks and New York Rangers sports teams, with
securities violations, the Federal Trade Commission said in a
statement on Thursday.
    James Dolan, who serves as executive chairman, agreed to pay
$609,810 in civil penalties to settle allegations that he failed
"to report in a timely manner his acquisition of voting
securities," the FTC said. 

 (Reporting by Susan Heavey; Editing by Mohammad Zargham)
 ((202-898-8300; Reuters Messaging:
susan.heavey.thomsonreuters.com@reuters.net))
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