A*story in the Jan. 19 edition of Trade Only Today may have misled readers regarding the status of Apex Inflatables. Apex*is not filing for bankruptcy.
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According to the debtor-in-possession financing arrangement, Wells Fargo will honor any check written to vendors between now and the closing of the sale of Genmar Holdings' assets, and any check that clears after closing will be honored by Platinum Equity, said David Steichen, a restructuring...
TheOpenSea.com is a new, private online network specifically for recreational boaters and marine professionals. It was founded by Gary Druckenmiller and Todd Russell, who are guided by a group of respected marine advisors.
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J&D Acquisitions is purchasing several Genmar businesses from Platinum Equity, including the Larson, Seaswirl and FinCraft boat brands, chairman Irwin Jacobs said.
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The Bennington Marine management team partnered with Balmoral Advisors LLC to purchase the assets of the company, company president and CEO Steve Vogel said in a letter sent this week to "valued customers."
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J&D Acquisitions is purchasing several Genmar businesses from Platinum Equity, including the Larson, Seaswirl and FinCraft boat brands, chairman Irwin Jacobs said.
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The British Marine Federation says that after facing one of the toughest trading periods in recent memory, the industry is reporting encouraging signs of improvement, with annual revenue rising by 1.9 percent.
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MarinaSales LLC, a leading marina brokerage firm, will partner with Tranzon Auction Properties and affiliates as the exclusive provider of accelerated marketing and real estate disposition services for marine-related properties.
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