MarineMax up 3% after Reuters says pushing forward with sale plans

Shares of MarineMax (HZO) are up $1.00, or 3%, to $32.24 in afternoon trading after sources told Reuters that the company’s board of directors agreed last month to proceed with a sale, allowing the process to move into a second round. Donerail, which owns a 5% stake in MarineMax and previously proposed buying the company, has increased its initial offer, two of the sources reportedly said.