Vulcan Materials
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
Competitive fires
Martin Marietta Materials' takeover bid for Vulcan Materials has strengthened the competitive fire between the nation's two largest aggregate producers. And understandably so. The companies have been going at each other pretty good lately, since Martin Marietta announced its intentions on Dec.… Keep Reading
