Deals
Knicks’ Landlord Rejoins With Network That Airs Their Games
- Executives say deal will help finances of live-events business
- Combined company aims to capitalize on rise of sports betting
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The family that owns Madison Square Garden is recombining it with the cable network that broadcasts the Knicks.
Madison Square Garden Entertainment Corp. on Friday agreed to acquire MSG Networks Inc., which owns the channel that airs the NBA team’s games, along with the outlets that carry pro hockey’s Rangers, Islanders, Devils and Sabres, football and soccer.