BRIEF-Donerail Confirms Non-Binding Offer To Buy MarineMax Shares For $35 Per Share
Reuters
Feb 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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.