M&A
confidence high
sentiment neutral
materiality 1.00
MarineMax to be acquired by Safe Harbor Marinas for $53.00 per share in cash
MARINEMAX INC
- Merger consideration: $53.00 per share in cash; no financing condition for Parent.
- Acquirer: Safe Harbor Marinas, a Blackstone Infrastructure portfolio company; Merger Sub merges into MarineMax.
- Board unanimously recommends; Wells Fargo Securities provides fairness opinion.
- Closing conditions: shareholder majority vote, HSR and other regulatory approvals; outside date May 9, 2027 (extendable).
- Termination fee: $31.65M payable by MarineMax under specified circumstances.