mergers and acquisitions
Rice Lake acquires Measurement Systems International
Rice Lake Weighing Systems announced the purchase of Measurement Systems International (MSI), a scale equipment manufacturer based in Seattle. MSI has been in business since 1977 with niche technologies such as crane scales, aircraft load monitors and more. Rice Lake… Keep Reading
Martin Marietta, Vulcan court decision coming soon
The Wall Street Journal (WSJ) reports that we should know by as early as next week whether Martin Marietta Materials' $5.5 billion bid for Vulcan Materials could be stopped owing to previous confidentiality agreements between the two companies. Final arguments in Delaware… Keep Reading
Vulcan Materials’ stock takes hit as battle continues
The takeover battle between Vulcan Materials Co. and Martin Marietta Materials Inc. continues. Bloomberg News reports that Vulcan Materials' stock fell below Martin Marietta’s hostile bid price last week, "indicating investors doubt that the $5.5 billion all-stock transaction will succeed."… Keep Reading
Vulcan, Martin Marietta await arguments in takeover trial
Vulcan Materials and Martin Marietta Materials completed four days of a trial in Wilmington, Del., arguing Martin Marietta's hostile takeover attempt of Vulcan. According to reports, Judge Leo Strine Jr. asked lawyers for post-trial briefings before final arguments are held during the week… Keep Reading
