Competitive fires

Martin Marietta Materials‘ takeover bid for Vulcan Materials has strengthened the competitive fire between the nation’s two largest aggregate producers. And understandably so. The companies have been going at each other pretty good lately, since Martin Marietta announced its intentions on Dec. 12 to acquire Vulcan via an all-stock transaction valued at a reported $4.7 billion. Martin Marietta says a merger would work, creating a global leader in construction aggregates. Vulcan says it’s a bad idea. To get a feel for where things stand between them, you only need to look at special web pages created by both companies that provide information on Martin Marietta’s takeover attempt. Martin Marietta’s information can be found at www.aggregatesleader.com. How about Vulcan’s? www.realaggregatesleader.com. Say no more.