Martin Marietta could acquire Texas Industries

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.

There are no comments

Your email address will not be published. Required fields are marked *