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Stock Market & Financial Investment News

News Breaks
July 1, 2014
11:03 EDTMSGSiTV Media completes Fuse Network acquisition from Madison Square Garden
NUVOtv parent company, SíTV Media, completed its acquisition of the Fuse network from Madison Square Garden. Under the terms of the transaction, SíTV Media agreed to purchase Fuse for $226M. In addition, MSG received 15% equity of the combined company, which is subject to potential reduction based on certain performance goals.
News For MSG From The Last 14 Days
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July 21, 2014
11:04 EDTMSGMadison Square Garden downgraded to Neutral at Macquarie (pre-open)
Pre-open, Macquarie downgraded Madison Square Garden to Neutral from Outperform citing valuation. Price target is $61.

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