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MSG Sports is splitting the Knicks and Rangers into two stocks, and history says spin-offs tend to beat IPOs

Headline as filed by Fortune.

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Publisher Headline Summary Published Detected Delay Source Status
Fortune MSG Sports is splitting the Knicks and Rangers into two stocks, and history says spin-offs tend to beat IPOs
As the Knicks raise their first championship banner in 53 years, MSG Sports is spinning off the Rangers, giving investors a chance to own one team, both or neither.
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