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BRIEF-Donerail Confirms Non-Binding Offer To Buy MarineMax Shares For $35 Per Share

Reuters
02/03
BRIEF-Donerail Confirms Non-Binding Offer To Buy MarineMax Shares For $35 Per Share

Feb 3 (Reuters) - MarineMax Inc HZO.N:

  • THE DONERAIL GROUP CONFIRMS SUBMISSION OF NON-BINDING ACQUISITION PROPOSAL TO ACQUIRE ALL OUTSTANDING SHARES OF MARINEMAX FOR $35.00 PER SHARE

  • DONERAIL: PROPOSAL IMPLIES A TOTAL TRANSACTION VALUE OF APPROXIMATELY $1.1 BILLION, EXCLUDING FLOOR PLAN FINANCING

  • DONERAIL: TO FINANCE ACQUISITION OF ALL REMAINING EQUITY AND REFINANCE MARINEMAX'S EXISTING INDEBTEDNESS, EXCLUDING FLOOR PLAN FINANCING

Source text: ID:nGNX4hkJbw

Further company coverage: HZO.N

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

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