OneWater in Talks to Buy Rival Boat Dealer MarineMax

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OneWater Marine Inc. is in talks to acquire its larger rival MarineMax Inc., people with knowledge of the matter said Sunday.

OneWater has made an all-cash, $40-a-share offer for MarineMax following months of private discussions, the people said, asking not to be identified discussing private information. The combined company would be valued at about $2.5 billion, including debt, they said.