Shares of boat and marine products retailer MarineMax (NYSE:HZO) jumped 24.5% in the morning session after Bloomberg reported that OneWater Marine is in talks to buy the company (MarineMax). According to the sources, OneWater made a $40 a share offer for MarineMax which implied a $2.5 billion valuation (inclusive of debt) for the combined company. Following the development, OneWater provided an update in a press release adding, "As a matter of policy, we do not comment on market rumors or specul
Merger and acquisition news sent several stocks, including media company Paramount Global, higher early Monday. Meanwhile, a medical-waste-disposal company was positioned for a possible breakout on acquisition reports. Paramount stock bolted more than 6% higher during premarket action on Monday following reports Hollywood studio Skydance is looking to buy a number of nonvoting Paramount shares at around $15 per share.
BUFORD, Ga., June 03, 2024--OneWater Marine Inc. (NASDAQ: ONEW) ("OneWater" or the "Company") today released the following statement in response to inquiries regarding recent news reports: