Martin Marietta Digs in on Vulcan Takeover

Martin Marietta Materials Inc., based in Virginia, has continued its efforts toward an unfriendly takeover of Birmingham-based Vulcan Materials Co. Martin Marietta has nominated five directors to replace the five Vulcan leaders currently up for re-election, and its largest shareholder—a hedge fund that also owns shares in Vulcan—has begun pushing for the sale. The two…

Thank you for reading!

To continue reading this article you must be registered and logged into this site. If you already have an account please login now, otherwise you can click here to register for new account. Registration is FREE.

Login       Register

The latest Alabama business news delivered to your inbox