Announced
Financials
Sources
Tags
live events
Acquisition
Minority
Single Bidder
Entertainment
Friendly
Public
United States
Private Equity
Synopsis
Silver Lake, the global leader in technology investing, acquired a 6.3% stake in The Madison Square Garden Company, a world leader in live sports and entertainment experiences. Silver Lake said it bought shares based on the view that they are undervalued relative to its asset value. Silver Lake also said it would like to support the company and its efforts to create long-term value.
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