Merger Arbitrage Secured: NASCAR to Acquire Racetrack
Last year Coventry League wrote about NASCAR in a blogentary titled “Fun With Merger Arbitrage (Or, Is NASCAR For Sale?).” We can now provide an update.
merger arbitrage
Fun With Merger Arbitrage (Or, Is NASCAR For Sale?)
Danica Patrick announced her exit from NASCAR late last year and now there is talk about the majority owners of America’s premier stock-car racing series exploring a sale. The company was founded in 1948 by mechanic Bill France Sr. and his grandson Brian France has been CEO since 2003. The France family is apparently working …
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