Ray in play, but with whom?
Well, I’ll be darned. Raymarine’s stock jumped today, the company stated that “it has received a preliminary approach which may or may not lead to an offer being made for the company,’ and analysts can’t seem to figure out who the bidder might be. IBI suggests that Simrad, Garmin, and Furuno are all possibilities, but I’m hard put to see how any of those combinations makes much sense. The gossip line is open!