Winnebago Industries Inc. shares slipped in the extended session Wednesday after the recreation-vehicle maker said a major shareholder is looking to liquidate its position. Winnebago shares declined 4.6% to $26.10 after hours. The company said that funds affiliated with Summit Partners LP intend to sell 2.3 million shares with Morgan Stanley as the underwriter. That represents Summit’s entire 7.3% stake in Winnebago’s outstanding shares, according to FactSet data. The company said it will not receive proceeds from the sale.
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