Marine Products Investor Alert: Proposed Sale Investigated

Kahn Swick & Foti, LLC looking into adequacy of price and process in Marine Products Corporation sale to MasterCraft Boat Holdings.

Published on Feb. 9, 2026

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Former Louisiana Attorney General Charles C. Foti, Jr. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of Marine Products Corporation (NYSE: MPX) to MasterCraft Boat Holdings, Inc. (NasdaqGM: MCFT). Under the terms, Marine Products shareholders would receive $2.43 in cash and 0.232 shares of MasterCraft common stock per share, with Marine Products shareholders owning 33.5% of the combined company. KSF is seeking to determine if this consideration and the process are adequate or if the price undervalues the company.

Why it matters

The investigation aims to ensure Marine Products shareholders receive fair value in the proposed acquisition, as the law firm believes the consideration may undervalue the company. This is an important step to protect shareholder rights and interests.

The details

KSF is looking into whether the $2.43 cash and 0.232 MasterCraft shares per Marine Products share, which would give Marine Products shareholders 33.5% ownership of the combined company, is adequate compensation or if the company is being undervalued in the sale process. The firm is examining the details of the proposed transaction to determine if shareholders' legal rights are being protected.

  • The proposed sale of Marine Products Corporation to MasterCraft Boat Holdings was announced on February 9, 2026.

The players

Kahn Swick & Foti, LLC

A law firm investigating the proposed sale of Marine Products Corporation to ensure shareholders receive fair value.

Charles C. Foti, Jr.

Former Attorney General of Louisiana and a partner at Kahn Swick & Foti, LLC.

Marine Products Corporation

A company that manufactures and sells recreational boats, primarily in the United States.

MasterCraft Boat Holdings, Inc.

A manufacturer of recreational boats that has agreed to acquire Marine Products Corporation.

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What they’re saying

“If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-mpx/ to learn more.”

— Lewis S. Kahn, Managing Partner, Kahn Swick & Foti, LLC (Business Wire)

The takeaway

This investigation by Kahn Swick & Foti, LLC aims to ensure Marine Products shareholders receive fair value in the proposed acquisition by MasterCraft Boat Holdings. The law firm is examining the details of the deal to determine if the consideration adequately reflects the company's worth or if shareholders' interests are being underserved.