AGREEMENT AND PLAN OF MERGER dated as of July 23, 2019 among SPEEDWAY MOTORSPORTS, INC., SONIC FINANCIAL CORPORATION andAgreement and Plan of Merger • July 26th, 2019 • Sonic Financial Corp • Services-racing, including track operation • Delaware
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of July 23, 2019, is made and entered into by and among Speedway Motorsports, Inc., a Delaware corporation (the “Company”), Sonic Financial Corporation, a North Carolina corporation (“Parent”), and Speedco, Inc., a Delaware corporation and a wholly owned Subsidiary of Parent (“Merger Sub”). Each of the Company, Parent and Merger Sub is sometimes individually referenced herein as a “Party”, and all of the Company, Parent and Merger Sub are sometimes collectively referenced herein as the “Parties”. Certain capitalized terms used in this Agreement are defined in Section 1.01.
