Cases
International Speedway Corporation (NASDAQ: ISCA)
Merger
Overview
Overview
- Date:
- 5/22/2019
- Company Name:
- International Speedway Corporation
- Stock Symbol:
- ISCA
- Company Name - Buyer:
- NASCAR Holdings, Inc.
- Status:
- Closed/Complete
- Merger Announcement Date:
- 5/22/2019
NEW YORK, May 22, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of International Speedway Corporation (NASDAQ: ISCA) on behalf of International Speedway shareholders concerning the proposed acquisition of the company by NASCAR Holdings, Inc.
Pursuant to the proposed transaction, announced on May 22, 2019 and valued at $2 billion, International Speedway shareholders will receive $45.00 in cash for each share of International Speedway common stock owned. The investigation focuses on whether International Speedway and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own International Speedway shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.
Pursuant to the proposed transaction, announced on May 22, 2019 and valued at $2 billion, International Speedway shareholders will receive $45.00 in cash for each share of International Speedway common stock owned. The investigation focuses on whether International Speedway and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s shareholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own International Speedway shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.