Marine Products Corporation
MPX/MasterCraft Boat Holdings, Inc.MCFTMasterCraft to acquire Marine Products for mixed consideration
Key takeaways
- Expected close: May 12, 2026.
Deal value
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mixed
Per-share offer
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Premium
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Days to close
66d overdue
May 12, 2026
Term fee
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Announced
Apr 24, 2026
Preliminary Proxy
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Definitive Proxy
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Record date
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Shareholder vote
May 12, 2026
Expected close
May 12, 2026
No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.
No closing-condition data extracted.
No competing-bidder, activist, or dissident-proxy signals in the database for this target.
No advisor data on record for this deal.
- Apr 24, 2026this filing
MasterCraft to acquire Marine Products for mixed consideration
MasterCraft Boat Holdings, Inc. has agreed to acquire Marine Products Corporation through a two-step merger structure, with Marine Products stockholders receiving 0.232 shares of MasterCraft common stock and $2.43 in cash per share. The transaction values Marine Products at $7.21 per share based on MasterCraft's closing stock price on March 30, 2026, and is expected to close in May 2026 subject to stockholder approval. Upon completion, former Marine Products stockholders will own approximately 33.4% of the combined company.