Martin Marietta and Vulcan talking?
According to a report in the Dec. 3 edition of the Wall Street Journal, Martin Marietta Materials Inc. is making another attempt to buy Vulcan Materials Co.
Citing sources close to the decision, the WSJ reports that this offer — unlike Martin Marietta’s takeover effort last year — is likely to be a friendly offer. Vulcan rejected the first offer, a two-for-one stock swap, saying it undervalued the company. WSJ notes that Martin Marietta hasn’t yet approached Vulcan, abut remains interested in the deal.
Neither company opted to comment on the article.
MORE FROM Aggbeat Online
SUBSCRIBE & FOLLOW
BLOG
POPULAR READS
- Former gravel quarry-turned-landfill transforms into nature reserve524 Views
- North Carolina grants Martin Marietta water quality certification for limestone quarry246 Views
- Road restrictions may stop quarry construction in Kentucky210 Views
- Vulcan shareholders reject board changes at annual meeting191 Views
- Bobcat breaks ground on $20 million Bismarck expansion110 Views






