Madison Square Garden Entertainment ’s Board Reaches $85M Deal to Settle Shareholder Suit

Madison Square Garden Entertainment’s board has agreed to settle for $85 million a shareholder suit accusing it of failing to protect stockholders’ interests when it merged with MSG Networks. The deal will be covered by the board’s insurers, according to a securities form filed on Wednesday. There…#msgnetworks #msgsphere #lasvegas #delawarechancery #dolan #jamesdolan #delaware #kathaleenmccormick #litigation #termsheet

Source: Reuters: Health - March 16, 2023 Category: Consumer Health News Source Type: news