MPX Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Marine Products Corporation to MasterCraft Boat
Marine Products Corporation (MPX)
Last marine products corporation earnings: 4/29 06:45 am
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US:NYSE Investor Relations:
marineproductscorp.com/profile
Company Research
Source: GlobeNewswire
MONSEY, N.Y., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Marine Products Corporation (NYSE: MPX) (“MPX”) to MasterCraft Boat (“MasterCraft”) for $2.43 per share in cash and 0.232 shares of MasterCraft common stock for each share of MPX. Based on MasterCraft’s closing share price of $23.90 on February 13, 2026, the consideration implies a value of $7.97 per MPX share. The sale was approved upon the recommendation of a purportedly independent special committee of the MPX board of directors, which indicates that there were potential conflicts of interest affecting certain members of the board. Further, the sale price is well below MPX’s 52-week high of $10.08 per share, which suggests an opportunistic purchase. Finally, several MPX shareholders have expressed disappointment in the sale price on SeekingAlpha with one investor asserting, “malpractice by board of MPX. Shame!,” and another contending that “
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News
- Are ONTF, MPX, WBS Obtaining Fair Deals for their Shareholders?PR Newswire
- Marine Products Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Marine Products Corporation - MPXBusiness Wire
- $HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Marine Products Corporation (NYSE: MPX)GlobeNewswire
- MasterCraft targets $300M–$310M in FY26 sales following Marine Products merger announcement [Seeking Alpha]Seeking Alpha
- Shareholder Alert: The Ademi Firm investigates whether Marine Products Corporation is obtaining a Fair Price for its Public ShareholdersPR Newswire
MPX
Sec Filings
- 2/6/26 - Form 425
- 2/6/26 - Form 425
- 2/6/26 - Form SCHEDULE
- MPX's page on the SEC website