By Stephen Nakrosis
Shares of Lazydays Holdings climbed after the company said it entered a nonbinding letter of intent that would see substantially all its assets acquired by Campers Inn Holding.
Lazydays stock more than doubled, to $5.83, late Tuesday. Volume topped 257,000 shares, above the 65-day average volume of 57,903.
Trading in Lazydays stock had been paused earlier in the day due to volatility.
Under the terms of the proposed deal, Campers Inn V or its affiliate would buy substantially all of the assets of Lazydays and its subsidiaries, the companies said.
Following the consummation of the deal, Campers Inn plans to continue operating a number of Lazydays' dealerships and assessing whether to continue operating other dealerships, the companies said.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 16, 2025 14:57 ET (18:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.