MarineMax Responds to The Donerail Group's Latest Public Letter to Shareholders

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today issued the following statement in response to the recent public letter to shareholders from The Donerail Group, Inc. (together with its affiliates, “Donerail”): MarineMax's Board of Directors (the “Board”) is committed to driving value for all shareholders and other stakeholders and regularly.

Business Wire • 15 hours ago

Donerail Issues Additional Open Letter to MarineMax Shareholders

LOS ANGELES, Feb. 23, 2026 (GLOBE NEWSWIRE) -- The Donerail Group (“Donerail”), one of the largest shareholders of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), beneficially owning over 4% of MarineMax's outstanding shares, today issued an open letter to the Company's shareholders reiterating its (i) intent to vote AGAINST the election of CEO Brett McGill as a Director at the Company's upcoming 2026 Annual Meeting scheduled to be held on March 3, 2026 (the “Annual Meeting”), (ii) call for other shareholders to join in voting AGAINST the election of CEO Brett McGill as a Director at the Annual Meeting, and (iii) desire to immediately pursue its previously stated $35 per share all cash proposal to acquire the Company, subject to confirmatory due diligence.

GlobeNewsWire • Feb 23, 2026

Fraser Reports Record Start to 2026 With 12 Superyacht Sales in 12 Days

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Fraser Yachts (“Fraser”), a leading global superyacht brokerage and services company and a wholly owned subsidiary of MarineMax, Inc. (NYSE: HZO) (“MarineMax”), today announced a strong start to 2026, completing 12 superyacht sales in just 12 days during January. The transactions included a balanced mix of brokerage and new‑build activity involving some of the industry's most established shipyards, including Lürssen, Feadship, Abeking & Rasmussen, and.

Business Wire • Feb 18, 2026

Levin Capital Calls on the MarineMax Board to Immediately Announce a Review of Strategic Alternatives Following Recent Acquisition Offer

NEW YORK--(BUSINESS WIRE)--Levin Capital Strategies (“Levin Capital” or the “Firm”), a top 10 shareholder of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), today announced it is calling on the Company's Board of Directors (the “Board”) to initiate an immediate review of strategic alternatives following its prior failures to capitalize on credible acquisition offers. Levin Capital believes the Board is obligated to rigorously explore all available paths to maximizing shareholder val.

Business Wire • Feb 17, 2026

MarineMax Responds to The Donerail Group's Public Letter to Shareholders

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today issued the following statement in response to the recent public letter to shareholders from The Donerail Group, Inc. (together with its affiliates, “Donerail”): MarineMax's Constructive Engagement with Donerail MarineMax maintains an active and ongoing dialogue with many of its shareholders, i.

Business Wire • Feb 10, 2026

Donerail Issues Open Letter to MarineMax Shareholders

Calls Out Board Entrenchment, Nepotism, and Obstruction of Shareholder Engagement Urges Shareholders to Vote AGAINST CEO Brett McGill as a Director at Company's Upcoming Annual Meeting Reaffirms $35.00 per Share All-Cash Proposal as a Path to Providing Immediate Shareholder Value at Significant Premium LOS ANGELES, Feb. 09, 2026 (GLOBE NEWSWIRE) -- The Donerail Group (“Donerail”), one of the largest shareholders of MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), beneficially owning over 4% of MarineMax's outstanding shares, today issued an open letter to the Company's shareholders further discussing its $35.00 all-cash offer to acquire the Company, its recent engagement with the Company, and its intention to vote AGAINST the election of CEO Brett McGill as a Director at the Company's upcoming 2026 Annual Meeting scheduled to be held on March 3, 2026. The full text of the letter follows: February 9, 2026 Dear Fellow MarineMax Shareholders -  The Donerail Group (together with its affiliates, “Donerail” or “we”) is one of MarineMax, Inc.'s (“MarineMax” or the “Company”) largest shareholders, beneficially owning over 4% of the Company's outstanding shares.

GlobeNewsWire • Feb 9, 2026

Donerail offers to buy MarineMax in all-cash deal valued $1.1 billion

Activist investor Donerail Group said on Tuesday it had submitted a non-binding indicative proposal to acquire MarineMax at $35 per share, in an all-cash deal that would value the superyacht service company at $1.1 billion.

Reuters • Feb 3, 2026

The Donerail Group Confirms Submission of Non-Binding Acquisition Proposal to Acquire All Outstanding Shares of MarineMax for $35.00 per Share

Acquisition Would Offer MarineMax Shareholders Immediate Value at a Meaningful Premium Acquisition Would Offer MarineMax Shareholders Immediate Value at a Meaningful Premium

GlobeNewsWire • Feb 3, 2026

MarineMax Confirms Receipt of Unsolicited Indication of Interest from The Donerail Group

OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today confirmed that it has received an unsolicited, non-binding indication of interest from The Donerail Group (“Donerail”) to acquire all of the Company's outstanding common shares for $35.00 per share in cash. MarineMax's Board of Directors (the “Board”) remains focused on creating value for shar.

Business Wire • Feb 3, 2026

Exclusive: Donerail offers to buy superyacht service company MarineMax in all-cash deal valued at roughly $1 billion, sources say

Donerail Group has offered to buy MarineMax for $35 per share in an all-cash deal that would value the superyacht service company at just over $1 billion, three sources familiar with the matter told Reuters.

Reuters • Feb 2, 2026