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Blackstone Could Pay $53 for MarineMax (HZO). What Is It Really Buying?
Yahoo Finance· 2026-08-14 21:23
Before the U.S. market opened on August 10, Reuters reported that Blackstone Infrastructure's Safe Harbor Marinas was nearing an agreement to acquire MarineMax, Inc. (NYSE: HZO ) for approximately $53 per share in cash. The reported price represents a roughly 49% premium to MarineMax's Friday close of $35.68 and values its equity at approximately $1.17 billion. Reuters described the prospective transaction as a $1.5 billion deal. That divergence is likely more relevant to Blackstone than the latest yacht-sa ...