Vulcan Materials Corp. (NYSE:VMC) recently announced that a court has denied rival Martin Marietta Materials, Inc. (NYSE:MLM) motion to seek a stay of a recent ruling. This restricts Martin Marietta by at least four months to take over Vulcan.
Last week the Delaware Court of Chancery had passed a ruling barring MartinMarietta to proceed with its attempt to take over Vulcan by at least four months. Martin Marietta intended to appeal the ruling and seek a stay of the court’s decision. However, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards