Oct 3 Motorhome maker Winnebago Industries Inc
said on Monday it would buy Grand Design Recreational
Vehicle Co, a maker of towable recreational vehicles, in a
cash-and-stock deal valued at $500 million.
The combined company will have proforma revenue of about
$1.4 billion, Winnebago said. Forest City, Iowa-based Winnebago
reported revenue of $977 million for the year ended Aug. 29,
Winnebago said the acquisition was expected to be
immediately accretive to profit margins and earnings per share.
(Reporting by Shalom Aarons in Bengaluru; Editing by Ted Kerr)