Don James News
-
Martin Marietta Materials Inc. should renew its bid for Vulcan Materials Co., the biggest U.S. gravel producer, as a judge’s prohibition against a deal expires this week, two Vulcan shareholders said.
-
Vulcan Materials Co. Chairman Don James first proposed a friendly combination with Martin Marietta Materials Inc. before it surprised him in an e-mail with a $4.7 billion hostile takeover bid, he testified as a trial over the proposed deal started.
-
Vulcan Materials Co. will try to convince shareholders in private meetings to reject a hostile bid from Martin Marietta Materials Inc., telling them that Vulcan’s profits will rise more quickly than its suitor’s once U.S. construction rebounds.
-
Vulcan Materials Co.’s founding family sued the 103-year-old gravel-maker and its top managers, accusing them of “gross mismanagement,” in part for rejecting a $4.7 billion sale to competitor Martin Marietta Materials Inc.
-
Fairfax Financial Holdings Ltd., with seven of eight hedge funds it accused of spreading false rumors out of a lawsuit, may see the $24 billion case shrink again. A judge is poised to rule whether racketeering counts allowing triple damages should be tossed, Bloomberg News’s Thom Weidlich reports.
-
The sun was rising over San Francisco’s financial district in November 2009 when Richard Kovacevich picked up the phone in his 12th-floor office to call Omaha, Nebraska.
-
Martin Marietta Materials Inc. Chief Executive Officer Ward Nye told a judge his planned $4.7 billion hostile takeover of rival gravel producer Vulcan Materials Co. would lead to long-term growth.
-
BP Plc and plaintiffs suing over the 2010 Gulf of Mexico oil spill are discussing a $14 billion accord that would be funded with money originally set aside by the company for out-of-court settlements, according to three people familiar with the talks.
-
Vulcan Materials Co. fell below Martin Marietta Materials Inc.’s hostile bid for the first time last week, indicating doubts among investors that the all-stock deal valued at $5.5 billion will succeed.
-
A U.S. investigation of possible insider-trading by Goldman Sachs Group Inc. employees expanded to include a managing director whose name emerged at the trial of convicted hedge fund manager Raj Rajaratnam, a person with knowledge of the probe said.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page