January 27, 2014
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.