Malibu Boats files for IPO

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Malibu Boats filed with the Securities and Exchange Commission on Friday to raise as much as $115 million in an initial public offering.

The Loudon, Tenn.-based company, which was founded in 1982 and booked $177 million in sales for the 12 months that ended Sept. 30, plans to list on the Nasdaq Stock Market under the symbol MBUU, according to nasdaq.com.

Raymond James and Wells Fargo Securities are the joint book-runners on the deal.

No pricing terms were disclosed.

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