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Madison Square Garden Co. Acquires 50% Stake In Tribeca Enterprises

The Madison Square Garden Company (MSG: Quote) and Tribeca Enterprises announced today that MSG has purchased a 50 percent interest in a transaction that values Tribeca Enterprises at $45 million.

Tribeca Enterprises will continue to be led by CEO and co-founder Jane Rosenthal, as well as President and COO Jon Patricof.

by RTT Staff Writer

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