ISC PLAYS ITS TRUMP CARD: TWO TO JOIN ON LONG ISLAND TRACK?
Donald Trump and ISC have "agreed to explore" building
a NASCAR race track on Long Island, according to Rick
Westhead of BLOOMBERG NEWS. The agreement will be announced
at a press conference today. Yesterday, shares in ISC rose
2 5/16 to a "record" 48 1/2 in trading of 184,000, "more
than twice their three-month daily average of about 66,000"
(BLOOMBERG, 3/11). Trump recently bid $55M for a site on
Long Island,where he has proposed building a NASCAR
speedway. Trump had been asked by local officials to "show
that he had a track partner before the town would begin
negotiations to sell the 2,900-acre site" (NEWSDAY, 3/12).