Chancery Clears Way For Madison Square Garden Merger Vote

By Jeff Montgomery (July 2, 2021, 5:24 PM EDT) -- Delaware's chancellor refused late Friday to issue a preliminary injunction blocking a July 8 stockholder vote on a $900 million merger of Madison Square Garden Entertainment Corp. and MSG Networks Inc., finding that both sides complied with takeover protections for deals involving companies with "interested" holders of 15% or greater stakes....

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