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Madison Square Garden Enlists JPMorgan to Help Sell Fuse

Madison Square Garden Co., the sports and entertainment company that owns the namesake arena in Manhattan, hired JPMorgan Chase & Co. to explore a sale of its music-TV channel Fuse.

“We have been approached by certain parties expressing interest in Fuse and have retained JPMorgan to explore all strategic alternatives,” the New York-based company said today in an e-mailed statement.