Outboard Marine Corp.'s (OMC) bankrupt recreational marine engine and boat businesses — which Roger Penske's Detroit Diesel Corp. offered to buy three years ago for close to $300 million — goes to Canada's Bombardier and boat builder Genmar for a reported total of $95 million. OMC accepted the offer on Feb. 6. The deal was approved a few days later by a Chicago bankruptcy court. After rejecting the original Penske offer, OMC was acquired in a leveraged buyout valued at $340 million. ...
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