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Home > Yet Another Value Podcast > Jon Boyar from the Boyar Value Group on the awful $MSGN / $MSGE deal
Podcast: Yet Another Value Podcast
Episode:

Jon Boyar from the Boyar Value Group on the awful $MSGN / $MSGE deal
Category: Business
Duration: 00:41:41
Publish Date: 2021-04-05 11:00:00
Description:

Jon Boyar from the Boyar Value Group returns to the podcast to discuss the proposed merger between MSGE and MSGN. To put it bluntly, the deal is a disaster with absolutely no strategic rational, and Jon walks through all of the reasons the deal doesn't make sense.

Jon's first podcast appearance: https://youtu.be/J2trsM41DTU
Boyar's letter to the MSGN board: https://www.boyarvaluegroup.com/blog/the-boyars-value-groups-letter-to-james-dolan/

If you're interested in hearing more about Jon's take on the different pieces of the MSG empire, email finfo@boyarvaluegroup.com and put Dolan in subject line.

Chapters
0:00 intro
1:15 MSGE / MSGN overview and background
8:30 Trying to layout the thesis behind the merger
11:25 Diving into the sports betting upside
15:15 Pushing back further on the deal bear case
20:30 Discussing majority of minority provisions
23:55 MSGE's Sphere
28:35 Dolan's capital allocation track record
32:30 Who else might bid for MSGN
Total Play: 0