Martin Marietta could acquire Texas Industries

| Published on January 27, 2014

martin-marietta-materials-inc-logoMartin Marietta Materials may soon acquire construction supplies company Texas Industries.

Martin Marietta is in late-stage talks to acquire the company, according to a report Friday from the New York Times.

This is not the first time Martin Marietta and Texas Industries have considered an acquisition. The two companies discussed a sale last year but never went forward with a transaction. However, talks recently restarted, and the report notes that this could be an all-stock deal.

The Times reports that a deal could be announced early this week, though it is not too soon for the deal to fall apart.

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