Donerail Issues Open Letter Responding to MarineMax Statement and Recent News Reports

Encouraged by MarineMax’s Recent Actions to Engage in an Apparent Strategic Review Following Donerail’s All-Cash Proposal to Acquire the Company for $35.00 Per Share  Clarifies Timeline of Engagement and Details MarineMax’s Prior Instructions for Donerail to Await Board Authorization Before Negotiating NDA Reaffirms Financing Capabilities, Significant Shareholder Support for a Sale, and Confirms Commitment to Negotiate NDA Immediately to Proceed with Diligence Reminds Shareholders of Continued Entrenchment ...