Martin Marietta Materials has been blocked from their hostile takeover of Vulcan Materials for four months, according a a ruling on Friday by Delaware Chancery Court Judge Leo Strine Jr.. Strine states that the block comes because Marietta violated a confidentiality agreement in their bid to purchase the rival gravel-producer. In a 139-page opinion the court [...]
Martin Marietta Blocked From Hostile Vulcan Takeover By Court is a post from: The Inquisitr