MADISON SQUARE GARDEN ACQUIRES BEACON THEATREMadison Square Garden Entertainment has acquired the Beacon Theatre, the fourth facility added to its portfolio. Under MSGE’s management, the Beacon is scheduled to host more than 100 events, concerts and family shows in 2007. In January 2008, the Beacon will be closed for a seven-to-nine-month restoration, in which MSGE has committed to spend at least $10 million for renovations of the building. The restoration will extend from the front o...

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