| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers D > Headlines for Dover Motorsports, Inc. > News item |
Cibelli buys 190,000 shares of Dover Motorsports
By Lisa Kerner
Charlotte, N.C., Nov. 12 - Mario Cibelli reported the purchase of 190,000 shares of Dover Motorsports, Inc. on Nov. 5 for $1.90 per share in a schedule 13D/A filed with the Securities and Exchange Commission.
Cibelli beneficially owns 3,024,391 shares, or 16.92%, of the Dover, Del., motorsports marketing company.
In September, it was reported that Cibelli urged Dover Motorsports to immediately attempt to sell its Midwest race tracks or close the facilities and divest the remaining assets.
Cibelli made a similar plea in June, calling a sale "the most logical course of action to enhance shareholder value," according to a prior SEC filing.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.