Sport boat manufacturer Malibu Boats files for a $115 million IPO


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Malibu Boats, which designs, manufactures and sells performance sport boats, filed on Friday with the SEC to raise up to $115 million in an initial public offering. The Loudon, TN-based company, which was founded in 1982 and booked $177 million in sales for the 12 months ended September 30, 2013, plans to list on the NASDAQ under the symbol MBUU. Raymond James and Wells Fargo Securities are the joint bookrunners on the deal. No pricing terms were disclosed.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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