Dale Earnhardt Inc. is not for sale -- right now.
DEI president Max Siegel on Tuesday refuted an Internet report that company owner Teresa Earnhardt had commissioned investment banking firm Bear, Stearns & Co. Inc. to locate a buyer or financial investment partner.
"We have not engaged Bear, Stearns or Goldman Sachs or anyone else," Siegel said. "We are contacted all the time by outside firms about getting involved in the sport.
"We are not for sale right now. Nothing is imminent."
DEI says it is not presently seeking buyer....
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