Corporate and Financial
Brunswick Confirms Registration of Its Shares of MarineMax Stock
LAKE FOREST, Ill., Jan. 18 /PRNewswire-FirstCall/ -- Brunswick Corporation
(NYSE: BC) said that a shelf registration statement filed today by MarineMax,
Inc., (NYSE: HZO) with the Securities and Exchange Commission includes
1,861,200 shares of MarineMax common stock owned by Brunswick. The shares
were included pursuant to a registration agreement between Brunswick and
MarineMax.
Brunswick said that any sale of its shares of MarineMax stock would depend
on market conditions. The company added that it currently intends to use the
proceeds from any such sale of the stock, which was acquired in 1998 at the
time of the MarineMax initial public offering, for general corporate purposes,
including possible acquisitions.
Brunswick Corporation is a leading manufacturer of pleasure boats, marine
engines, fitness equipment, bowling equipment and billiards tables.
A registration statement relating to these securities has been filed with
the Securities and Exchange Commission but has not yet become effective.
These securities may not be sold nor may offers to buy be accepted prior to
the time the registration statement becomes effective. This press release
shall not constitute an offer to sell or the solicitation of any offer to buy
nor shall there by any sale of these securities in any state in which such
offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state. Any offer of these
securities will be made solely by means of the prospectus included in the
registration statement and any prospectus supplement that may be issued in
respect of any such offering.
Certain statements in this press release are forward looking as defined in
the Private Securities Litigation Reform Act of 1995, including the statements
regarding Brunswick's desire to sell these securities and the use of the
proceeds from any such sale. These statements involve certain risks and
uncertainties that may cause actual results to differ materially from
expectations as of the date of this press release. There can be no assurance
that any sale of these securities will occur or as to the amount of proceeds
to be received by Brunswick from any such sale.
SOURCE Brunswick Corporation
-0- 01/18/2005
/CONTACT: Kathryn J. Chieger, Vice President - Corporate and Investor
Relations, +1-847-735-4612/
/Web site: http://www.brunswick.com /
(BC HZO)
CO: Brunswick Corporation; MarineMax, Inc.
ST: Illinois
IN: MAR SPT
SU:
WS
-- NYTU105 --
7523 01/18/2005 09:47 EST http://www.prnewswire.com
