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NASCAR $2 billion acquisition of International Speedway

22/5/2019
Private acquisition
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$ 2 billion

Announced

22/5/2019

Overview:

  • NASCAR has acquired International Speedway in a $2 billion deal. 
  • International Speedway owns and manages NASCAR and IndyCar race tracks. 
  • Goldman Sachs acted as financial adviser for NASCAR and Dean Bradley Osborne Partners advised the International Speedway Special Committee. 
  • The transaction is expected to close later this year. 

Kurt Stumpo - US Editor

Jurisdiction:

United States

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

United States

Industry sectors:

Entertainment
Sport

Firms:
Baker Botts

Party: NASCAR (Acquirer)

Lawyer: Jonathan Gordon

Saul Ewing

Party: International Speedway (Target)

Wachtell Lipton Rosen & Katz

Party: International Speedway Special Committee (Target)

Lawyers: David Shapiro, Edward Herlihy, Gregory Pessin

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