Feds circle Martin Marietta, Vulcan market overlaps
- Published: Thursday, 23 February 2012 14:24
- Written by CP Staff
In response to a potential Martin Marietta Materials–Vulcan Materials Co. merger the former company proposed in a late-2011, stock-for-stock exchange offer, the Department of Justice Antitrust Division has requested Vulcan provide ready mixed, aggregate and asphalt delivery detail from certain operations in 15 states. Vulcan noted in a Securities & Exchange Commission (SEC) filing last month it had received from Justice officials a Civil Investigative Demand and request for additional information and documentary.