Madison Square Garden takes 12% stake in Townsquare Media

August 17, 2016 4:32 PM

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Madison Square Garden takes 12% stake in Townsquare Media

MSG’s stake in Townsquare is worth nearly $30 milllion

Madison Square Garden Co. has taken a stake in Townsquare Media Inc. as part of an effort to cooperate on new live-event opportunities.

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