Madison Square Garden (MSG -1.2%) looks like a buy to Rocco Pendola. Though he sees the company...


Madison Square Garden (MSG -1.2%) looks like a buy to Rocco Pendola. Though he sees the company as a ripe target for a takeover, MSG is also an undervalued stock on its accord by his account due to its "multi-platform synergy" between sports, entertainment, and media properties.

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  • feenst
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    MSG has about 62 million class A shares and 13 million class B shares owned by the Dolans. Each B share has 10 votes while the A has 1 vote. The Dolans control the company. A takeover is not feasible. The Dolans could take the company private.
    30 Apr 2012, 07:35 AM Reply Like
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