‘s Point72 Asset Management has acquired a 5.5% stake in Sphere Entertainment Co, the MSG Entertainment spin-off company that owns the state-of-the-art Las Vegas Sphere venue.
Point72 disclosed in a regulatory filing on Monday that it acquired 1.56 million shares of Sphere Entertainment Co in the second quarter, including 582,400 Class A Common Stock shares, which are issuable upon exercise of options.
Source: Entertainment Trends (entertainmenttrends.net)
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