Thread: NASCAR for sale?
20th May 2018, 16:54 #1
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NASCAR for sale?
There was an interesting article in yesterday's Washington Post speculating that the France family may (operative word) be considering selling NASCAR."Old roats am jake mit goats."
-- Smokey Stover
25th May 2018, 05:20 #2
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Probably for the best. Not sure that the current France Family members are really into the racing as much as Bill Sr. and Bill Jr. were.
10th August 2018, 04:13 #3"Every generation's memory is exactly as long as its own experience." --John Kenneth Galbraith
Yesterday, 16:10 #4
This is an interesting development:
Nov 9, 2018
The goal, according to a news release, is to combine ISC and NASCAR as one privately run group of companies run entirely by the France family.
NASCAR has submitted a non-binding cash offer of $42.00 per share to acquire all outstanding shares of common stock of ISC not already owned by the controlling shareholders of NASCAR. As of Friday afternoon, ISC stock closed at $39.06 per share.
Bloomberg reported Friday that the NASCAR offer was worth approximately $1.9 billion."Every generation's memory is exactly as long as its own experience." --John Kenneth Galbraith