MPX Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Marine Products Corporation to MasterCraft Boat
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 purportedl ...