Skip to main content

Market Overview

Sonic Financial To Own 29M Shares Of Speedway Motorsports


Speedway Motorsports (NYSE: TRK) announced that Sonic Financial Corporation has entered into a definitive merger agreement for Sonic Financial's subsidiary to acquire all of the outstanding shares of common stock of the company for cash consideration of $19.75 per share.

The closing of this tender offer and merger transaction is expected to take place in the third quarter of 2019.

Speedway Motorsports shares closed up 0.96% at $18.95 on Tuesday. The stock has a 52-week high of $19.04 and a 52-week low of $13.47.

Related Links:

Biogen Reports Q2 Earnings Beat, Raises Guidance

Lockheed Martin Trades Higher After Q2 Earnings Beat


Related Articles (TRK)

View Comments and Join the Discussion!

Posted-In: News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at