Shareholder Alert: The Ademi Firm investigates whether Marine Products Corporation is obtaining a Fair Price for its Public Shareholders
Shareholder Alert: The Ademi Firm investigates whether Marine Products Corporation is obtaining a Fair Price for its Public Shareholders |
| [05-February-2026] |
MILWAUKEE, Feb. 5, 2026 /PRNewswire/ -- Ademi LLP is investigating Marine Products (NYSE: MPX) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Texas Instruments.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Marine Products stockholders will receive $2.43 per share in cash and 0.232 shares of MasterCraft common stock for each share they own. Based on MasterCraft's closing share price of $23.12 on February 4, 2026, this implies a value of $7.79 per Marine Products share. Marine Products insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for Marine Products by imposing a significant penalty if Marine Products accepts a competing bid. We are investigating the conduct of the Marine Products board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts Ademi LLP
SOURCE Ademi LLP | ||
Company Codes: NYSE:MPX |
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