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Madison Square Garden Company acquires leading esports team

2nd August 2017 11:29 am GMT

New York-based sports and entertainment business The Madison Square Garden Company (MSG) has acquired of one of the esports sector's best-known teams, Counter-Logic Gaming (CLG).

MSG has acquired a controlling interest in CLG for an undisclosed sum, with plans to use its new asset to spearhead the development of professional esports in the US.

"As esports moves toward franchise league models similar to the NBA and NHL, we intend to leverage our knowledge and insight into the business of [...]

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