shareholders
How buy-sell agreements can resolve family business crises
Drafting up a buy-sell agreement before a crisis occurs can help negate costly disruptions to business operations and keep businesses functioning when material events occur. Keep Reading
Holcim shareholders approve shares for merger
Shareholders of Swiss cement giant Holcim Ltd. approved the issuance of new shares to pay for Holcim’s $47 billion union with France’s Lafarge SA, reports The Wall Street Journal (WSJ). According to WSJ, roughly 94 percent of Holcim’s shareholders voted… Keep Reading
Shareholders elect all Vulcan board nominees
Vulcan Materials Co. announced that, based on preliminary results, shareholders have re-elected the company's entire slate of director nominees. Vulcan directors Phillip W. Farmer, H. Allen Franklin, Richard T. O'Brien and Donald B. Rice each received "a substantial majority of… Keep Reading
Martin Marietta loses appeal of Vulcan bid ruling
Reuters reports that Martin Marietta Materials Inc. lost its appeal to overturn a court order that halted its $4.5 billion hostile bid and proxy contest for rival Vulcan Materials Co. Delaware's Supreme Court today affirmed a ruling by the state's… Keep Reading
Vulcan Materials’ letter urges shareholders to reject takeover offer
Vulcan Materials Co. has filed definitive proxy materials with the Securities and Exchange Commission in connection with its 2012 annual meeting of shareholders, to be held on June 1. The company's board of directors has also sent a letter urging… Keep Reading
Martin Marietta taking case to Vulcan Materials shareholders
Martin Marietta Materials Inc. is sending a letter to the shareholders of Vulcan Materials Co., soliciting votes for four independent director candidates nominated by Martin Marietta to serve on the Vulcan Materials board. The four candidates would serve as the… 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
