Don James, who guided the University of Washington’s football team to a share of the 1991 national championship during his 18-year coaching tenure, died from the effects of pancreatic cancer. He was 80.
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.
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.’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.
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.
Vulcan Materials Co. and hostile suitor Martin Marietta Materials Inc. face off in Delaware Chancery Court tomorrow in a trial over a $4.7 billion takeover that would create the world’s largest producer of sand, gravel and crushed stone.
Vulcan Materials Co.’s planned hostile takeover by rock-crushing rival Martin Marietta Materials Inc. could be blocked by a Delaware Chancery Court judge who reserved decision on the case after a four-day trial.
Martin Marietta Materials Inc. failed to persuade the Delaware Supreme Court to throw out a ruling barring the gravel producer from proceeding with a hostile takeover bid for rival Vulcan Materials Co.
Caterpillar Inc. and Vulcan Materials Co., struggling with a near three-year construction decline, are among companies that may benefit most from a $50 billion proposal to rebuild U.S. roads, railways and runways.