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Stock Market & Financial Investment News

News Breaks
March 23, 2014
19:45 EDTMSGArtist Series makes $350M cash offer for MSG's Fuse TV, Bloomberg says
Surpassing previous offers by Jennifer Lopez and Sean “Diddy” Combs, Artist Series has made offer for Madison Square Garden’s Fuse TV for $350M in cash, says Bloomberg. Reference Link
News For MSG From The Last 14 Days
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February 26, 2015
09:53 EDTMSGAnalysts critical of SFX Entertainment CEO bid price, NY Post says
SFX Entertainment (SFXE) CEO Robert Sillerman's recent stock bid for his company provoked negative reactions from some analysts, reports the New York Post. Albert Fried analyst Rich Tullo currently has an SFX price target of $7.00, has called the $4.75 offered price per share "an insult," and encouraged the company to solicit bids from AEG, Live Nation (LYV), and MSG Entertainment (MSG). Maglan Capital CIO Steven Azarbad said "it's definitely worth more than $10 a share" and highlighted the $12 target from Stifel's Ben Mogil. Reference Link

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