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Winnebago Industries makes $ 344M deal to buy luxury RV maker

Winnebago Industries has a purchase agreement for the construction of a premium motor home manufacturer Newmar Corp. completed for approximately $ 344 million. Winnebago Industries, based in Forest City, Iowa, managed by Eden Prairie, pays $ 270 million in cash and the remainder in stock for the Indian company Newmar in Neppanee. The transaction is contingent on specific closing conditions, …

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