08:51 AM EDT, 06/03/2024 (MT Newswires) -- OneWater Marine ( ONEW ) is in discussions to acquire MarineMax ( HZO ) for $40 per share in an all-cash deal, Bloomberg reported Sunday, citing unnamed sources familiar with the matter.

The combined company would be valued at about $2.5 billion, including debt, the report added, citing the people.

A deal could be announced as soon as this month, but negotiations could still fall through, according to the report.

"As a matter of policy, we do not comment on market rumors or speculation," OneWater responded to market reports Monday.

MarineMax ( HZO ) did not immediately respond to MT Newswires' request for comment.

OneWater's shares were down over 5% in recent Monday premarket activity, while MarineMax's ( HZO ) stock rose nearly 20%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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