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Feb 18
|
|
$47.94
$47.94
-0.0%
|
LONG
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Randall Williams
Sports Business Reporter, Bloomberg
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"What are they thinking about the Atlanta Braves... they do in fact, trade at a discount to private market value." Like MSGS, the Atlanta Braves tracking stock suffers from a "conglomerate/holding company discount." If the market begins to re-rate sports assets based on recent private transactions (e.g., Seahawks at $8B+), this discount should narrow. LONG. Sympathy play to the MSGS thesis and general sports asset inflation. On-field performance impacting revenue; lack of a specific catalyst (like a sale) compared to the MSGS news. |
Bloomberg Markets
MSG Sports Considering Spinning Off New York ...
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Feb 17
|
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$47.86
$47.94
+0.2%
|
N/A
|
Finnhub News
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Finnhub - BATRA
Berkshire Hathaway Decreases Stake In Atlanta...
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