9.15.16 - MSG Networks score a vote of confidence with Dolan buy
"The New York Knicks and New York Rangers are about to begin their seasons, which could play out as flops, fairy tales or anywhere between. For their broadcaster, MSG Networks, the future may be brightening.
"The $1.3 billion company remains a logical, but dormant, takeover target. In the meantime, shareholders can take comfort that its chairman Jim Dolan is bulking up his stake. According to Tuesday filings, Dolan snapped up his brother Patrick's shares in both MSG Networks and Madison Square Garden Co., the owner of sporting teams and its namesake arena."