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Tag: Martin Marietta hostile takeover of Vulcan Materials]
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Vulcan attempting $1 billion more from Martin Marietta takeover bid?
Vulcan Materials Co. may be betting it can squeeze $1 billion more out of a takeover bid that’s already the most expensive for a U.S. building material company, according to a Dec. 14 Bloomberg report. Martin Marietta Materials Inc.’s $4.8 billion hostile offer for Birmingham, Ala.-based Vulcan values the largest American producer of crushed stone […]
December 14, 2011
Roadbuilding
Martin Marietta proposes hostile takeover of Vulcan Materials
Raleigh, N.C.-based Martin Marietta Materials approached Birmingham, Ala.-based Vulcan Materials Co., the nation’s top aggregate producer, with an unsolicited offer to take over the company with a stock-for-stock transaction. If this hostile takeover were approved, it would create a U.S.-based company that, as of Dec. 9, had a combined market capitalization of $7.7 billion and […]
December 12, 2011
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Martin Marietta proposes hostile takeover of Vulcan Materials
Raleigh, N.C.-based Martin Marietta Materials approached Birmingham, Ala.-based Vulcan Materials Co., the nation’s top aggregate producer, with an unsolicited offer to take over the company with a stock-for-stock transaction. If this hostile takeover were approved, it would create a U.S.-based company that, as of Dec. 9, had a combined market capitalization of $7.7 billion and […]
December 12, 2011
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