ONEW - Why Is Boat Dealership Giant MarineMax's Stock Soaring Today? | Benzinga
Shares of boat dealer MarineMax Inc. (NYSE:HZO) are trading higher premarket Monday. OneWater Marine Inc. (NASDAQ:ONEW) is reportedly said to be in advanced discussions to acquire MarineMax.
OneWater has proposed an all-cash offer of $40 per share for MarineMax after months of private negotiations, according to a report from Bloomberg.
The merger would result in a combined company valued at approximately $2.5 billion, including debt. An official announcement could come as early as this month, though the deal is not yet ...