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Last update: Nov 10, 2021
NEW YORK, Nov. 9, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Dover Motorsports, Inc. ("Dover Motorsports" or the "Company") (NYSE: DVD) in connection with the proposed acquisition of the Company by Speedway Motorsports, LLC ("Speedway Motorsports") via tender offer. Under the terms of the acquisition agreement, the Company's shareholders will receive $3.61 per share in cash for each share of Dover Motorsports common stock that they hold. The transaction is valued at approximately $131.5 million.
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