Brief: Medallion Financial Corp. Announces Sale Of Its Nascar Race Team Investment

Medallion Financial

02/12/2021 13:40

Dec 2 (Reuters) - Medallion Financial Corp  MFIN.O :
    * MEDALLION FINANCIAL CORP. ANNOUNCES SALE OF ITS NASCAR
RACE TEAM
INVESTMENT
    * MEDALLION FINANCIAL CORP - HAS CLOSED ON EXIT OF ITS
INVESTMENT
IN ITS NASCAR RACE TEAM - RICHARD PETTY MOTORSPORTS (RPAC) - TO
WARP SPEED, LLC
    * MEDALLION FINANCIAL CORP - RECEIVED $19.1 MILLION OF GROSS
PROCEEDS IN FULL SETTLEMENT OF ALL DEBT AND EQUITY SECURITIES IT
HELD

Source text for Eikon:  ID:nGNX6V1Gtz 
Further company coverage:  MFIN.O 

 ((Reuters.Briefs@thomsonreuters.com;))