Posts in tag
noah tepperberg
Controlling interest in Tao Group sold by Madison Square Garden Hospitality
In 2017 Madison Square Garden Entertainment purchased a 67% share of the Tao Group for $181 million. MSGE has entered into an agreement to sell their share for $300 million to Mohari Hospitality (founded by the founder of Poker Stars), effectively valuing the entire company at $550 million. J. Allen Smith, Managing Partner, Mohari said …
Majority share of the Tao Group Being Shopped
James Dolan, the owner of the New York Knicks and the New York Rangers, is reportedly considering selling his share of the Tao Group, which includes a number of high-end nightclubs and restaurants. The company, which was founded in the early 2000s, has locations in cities across the United States, as well as internationally. A …
