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Dover Motorsports gains on being acquired by Speedway Motorsports for $3.61/share in cash

Nov. 09, 2021 6:23 AM ETDover Motorsports, Inc. (DVD) StockBy: Niloofer Shaikh, SA News Editor1 Comment

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  • Speedway Motorsports has agreed to acquire Dover Motorsports (NYSE:DVD) for $3.61 per share in cash for an approximate total equity value of $131.5M.
  • The offer price represents a 58.3% premium to the closing stock price

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