Marine Products Corporation is set to be acquired by MasterCraft Boat, with shareholders receiving $2.43 in cash and 0.232 shares of MasterCraft common stock for each MPX share. Based on MasterCraft's closing price of $23.90 on February 13, 2026, the deal values MPX at approximately $7.97 per share. The agreement follows a recommendation from a special committee of the MPX board of directors.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marine Products Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602170925PRIMZONEFULLFEED9655797) on February 17, 2026, and is solely responsible for the information contained therein.