m_and_aconfidence high
Marine Products stockholders approve merger with MasterCraft; closing expected May 15, 2026
MARINE PRODUCTS CORP
- At special meeting on May 12, 2026, 30.5M shares voted FOR the merger agreement (86.5% of quorum).
- HSR Act waiting period expired April 6, 2026; antitrust clearance condition satisfied.
- Merger expected to close on or about May 15, 2026, subject to other closing conditions.
- Non-binding advisory compensation proposal and adjournment proposal also approved.
item 5.07item 8.01
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