Brunswick Announces Acquisition Of Fliteboard; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Brunswick Corporation (BC) has announced the acquisition of Fliteboard. The terms of the deal were not disclosed. Fliteboard will operate as a business within Mercury Marine, a division of Brunswick.
September 05, 2023 | 10:06 am
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POSITIVE IMPACT
Brunswick Corporation's acquisition of Fliteboard could potentially expand its product portfolio and market reach. The impact on the stock price will depend on the financial performance of the acquired company.
Acquisitions often lead to an increase in stock price due to potential synergies and increased market reach. However, the exact impact will depend on the financial performance of Fliteboard under Brunswick's management.
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