Confidentiality in the Spotlight

By David White:Martin Marietta Materials Corp. (MLM) was trying to buy out Vulcan Materials Company (VMC). In late 2011 it made a hostile takeover bid of $4.8B for VMC ($36.69 per share). This was rejected by VMC.

RALEIGH, N.C. (AP) -- Martin Marietta Materials has launched a hostile takeover bid for rival construction materials company Vulcan Materials with an offer to buy the company for $4.74 billion in stock....

Martin Marietta Materials Inc.'s flagging hostile takeover bid for rival Vulcan Materials Co.

Unveiling a big offer toward the end of the year Martin Marietta launched a $4.7 billion hostile takeover bid for VUlcan Materials that would create a combined company with total enterprise value of $11.4 billion.

Martin Marietta Materials is likely to explore a friendly offer for rival gravel and sand supplier Vulcan Materials, rather than launch another hostile takeover attempt, according to people familiar with the decision.

Martin Marietta Materials is likely to explore a friendly offer for rival gravel and sand supplier Vulcan Materials, rather than launch another hostile takeover attempt, according to people familiar with the decision.

Martin Marietta Materials was barred from pursuing its hostile bid for Vulcan Materials for four months after a judge ruled the Raleigh, N.C., construction-materials firm had breached confidentiality agreements.

Martin Marietta Materials was barred from pursuing its hostile bid for Vulcan Materials for four months after a judge ruled the Raleigh, N.C., construction-materials firm had breached confidentiality agreements.