Probably for the best. Not sure that the current France Family members are really into the racing as much as Bill Sr. and Bill Jr. were.
Nov 9, 2018
The goal, according to a news release, is to combine ISC and NASCAR as one privately run group of companies run entirely by the France family.
NASCAR has submitted a non-binding cash offer of $42.00 per share to acquire all outstanding shares of common stock of ISC not already owned by the controlling shareholders of NASCAR. As of Friday afternoon, ISC stock closed at $39.06 per share.
Bloomberg reported Friday that the NASCAR offer was worth approximately $1.9 billion.