James Dolan on Monday agreed to sell the Tao Group to PokerStars co-founder Mark Scheinberg in a deal that values the high-end restaurant business at $550 million. Dolan's Madison Square Garden Entertainment bought Tao in 2017 for $181 million and will receive $300 million of net proceeds in the sale, MSGE said in a press...
James Dolan on Monday agreed to sell the Tao Group to PokerStars co-founder Mark Scheinberg in a deal that values the high-end restaurant business at $550 million. Dolan's Madison Square Garden Entertainment bought Tao in 2017 for $181 million and will receive $300 million of net proceeds in the sale, MSGE said in a press...
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