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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: Robert O who wrote (5177)4/25/2019 1:03:14 PM
From: richardred  Respond to of 7120
 
RE- Selling over the TO price - With family control it IMO will take a put up or shut up cash offer by someone else. IMO- I doubt they would sweeten their offer without a formal bid to push at a higher price. Just maybe below is what wall street is thinking?

P.S. Something to think about. International Speedway was founded by NASCAR founder Bill France, Sr. in 1953 for the construction of Daytona International Speedway and in 1999 they merged with Penske Motorsports to become one of the largest motorsports companies in North America.

globenewswire.com

If this hypothetical was to happen. I wonder how the Federal Trade Commission would rule on this one.?