Martin Marietta, Vulcan court decision coming soon

By |  April 6, 2012

The Wall Street Journal (WSJ) reports that we should know by as early as next week whether Martin Marietta Materials‘ $5.5 billion bid for Vulcan Materials could be stopped owing to previous confidentiality agreements between the two companies.

Final arguments in Delaware court are set for Monday, April 9. WSJ reports, “Chancellor Leo Strine Jr. could issue a ruling from the bench immediately afterward or wait several days, but his decision is likely to come relatively quickly, according to people familiar with the matter.”

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