I am almost certain that the statement in the title is True, but am not 100% sure how to prove it, or if my conclusion is valid.
My reasoning is that since $A$ and $B$ both have a maxima, then they have an upperbound which belongs to their respective sets.
As such, we can think of $A$ and $B$ as closed intervals, and their instersection should then also at least be bounded above, and closed from the right side.
Is my line of thinking correct, is there anything I have missed?