This record is sourced from MarineMax's own 8-K press release (Exhibit 99.1), furnished to the SEC on August 10, 2026. The release states the transaction was unanimously approved by MarineMax's board following a comprehensive strategic review, and that if completed, MarineMax will become a privately held company and its common stock will no longer be listed on the NYSE.
Wells Fargo is serving as exclusive financial advisor to MarineMax on the target side. Evercore is serving as exclusive financial advisor to Safe Harbor on the acquirer side.
Sidley Austin LLP is serving as legal counsel to MarineMax. Simpson Thacher & Bartlett LLP is serving as legal counsel to Safe Harbor.
The $53.00 per share cash purchase price represents a 96% premium to MarineMax's closing share price of $27.03 on January 30, 2026, the last trading day before public disclosure of the earlier unsolicited proposal, and a 110% premium to the company's 90-day volume-weighted average price through that date. The deal is not subject to a financing condition and is expected to close by the end of calendar year 2026, subject to customary closing conditions including certain regulatory approvals and approval by MarineMax shareholders at a special meeting.
Not disclosed in this filing: any termination fee payable by either party, the specific regulatory approvals required, financing sources backing Safe Harbor's/Blackstone's purchase, and whether any go-shop provision applies.