by Daniel Webster. dWeb.News Publisher
NEW YORK, Nov. 19, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors of its investigation into whether the officers or directors of Dover Motorsports, Inc. (NYSE: DVD) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Speedway Motorsports, LLC.
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On November 8, 2021, Dover Motorsports announced that it had entered into an agreement to be acquired by Speedway Motorsports in a deal worth approximately $131.5 million. Stockholders of Dover Motorsports will be entitled to $3. 61 in cash for each share of Dover Motorsports common stock owned.
Bragar Eagel & Squire are concerned that Dover Motorsports board of directors oversaw an inequitable process and eventually agreed to a poor merger agreement. The firm is currently investigating the matter and will work to secure the best possible outcome for Dover Motorsports stockholders.
If you own shares of Dover Motorsports and are concerned about the proposed merger, or you are interested in learning more about the investigation or your legal rights and remedies, please contact Melissa Fortunato or Alexandra Raymond by email at firstname.lastname@example.org or telephone at (646) 860-9157, or by filling out this contact form. There are no costs or obligations.
About Bragar Eagel & Squire, P.C. :
Bragar Eagel & Squire, P.C. The law firm is nationally known and has offices in New York, California, South Carolina. The firm represents institutional and individual investors in complex commercial, securities, derivative and other litigation in federal and state courts throughout the country. For more information about the firm, please visit www.bespc.com. Advertising for attorneys. Precedent results are not indicative of similar outcomes.
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The post BUSINESS: DOVER MOTORSPORTS ALERT: Bragar Eagel & Squire, P.C. Reminds Investors Of Its Investigation Into The Sale Of DVD, And Encourages Them To Contact The Firm appeared first on dWeb.News dWeb.News from Daniel Webster Publisher dWeb.News – dWeb Local Tech News and Business News