Martin Marietta Stalks Vulcan

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 launched a hostile $4.8 billion all-stock offer to buy larger rival Vulcan Materials Co in a bid to build the world's largest producer of sand, gravel and other construction ...

By Robert Broens: Martin Marietta Materials (MLM) announced the intention to merge their operations with Vulcan Materials (VMC). The combined combination would become the global leader in construction aggregatives, with a combined market capitalization of $7.7 billion as of Friday's close. The Deal

William Kabourek submits:The recession and its impact on certain industries remains far from over. The aggregates industry, forgive the play on words, is a bedrock of the U.S economy. However, it hasn't been very hospitable to owners in that are central to the economy can experience significant troubles, especially if balance sheets get stretched.

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.

(Reuters) - Martin Marietta Materials Inc , which produces construction aggregates like crushed stone, sand and gravel, made an unsolicited $5 billion offer to buy rival Vulcan Materials Co in a bid to create the global leader in the industry.

By Alan Brochstein, CFA: The hostile bid by Martin Marietta Materials (MLM) for larger Vulcan Materials (