MSG NETWORKS INVESTOR ALERT By the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MSG Networks Inc. - MSGN

b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.

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Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Wednesday, May 12, 2021
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Tags: 
Legal, Professional services, Madison Square Garden Sports, Pennsylvania Plaza, New York City, Companies, Indoor arenas in the United States, Cablevision, Foti, Gulf and Western Industries, MSG Network, Madison Square Garden Entertainment, Madison Square Garden
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LOUISIANA, United States
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Summary
Key Points: 
  • b'Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
  • and the law firm of Kahn Swick & Foti, LLC (\xe2\x80\x9cKSF\xe2\x80\x9d) are investigating the proposed sale of MSG Networks Inc. (\xe2\x80\x9cMSG\xe2\x80\x9d) (NYSE: MSGN) to Madison Square Garden Entertainment Corp. (\xe2\x80\x9cMadison Square\xe2\x80\x9d) (NYSE: MSGE).
  • Under the terms of the proposed transaction, shareholders of MSG will receive only 0.172 shares of Madison Square for each share of MSG that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.\nIf you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( [email protected] ) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-msgn/ to learn more.\nTo learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210512006038/en/\n'


Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MSG Networks Inc. (“MSG”) (NYSE: MSGN) to Madison Square Garden Entertainment Corp. (“Madison Square”) (NYSE: MSGE). Under the terms of the proposed transaction, shareholders of MSG will receive only 0.172 shares of Madison Square for each share of MSG that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-msgn/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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