Martin Marietta to acquire Bluegrass Materials for $1.625 billion

Martin Marietta Materials has entered into a definitive agreement to acquire Bluegrass Materials Company for $1.625 billion in cash. Bluegrass is the largest privately-held pure-play aggregates company in the US, operating 23 active sites.

“Martin Marietta Materials, Inc. (NYSE: MLM) and Bluegrass Materials Company today announced that they have entered into a definitive agreement ...”streetinsider.com

• 3 sources
• streetinsider.comMartin Marietta Materials (MLM) to Acquire Bluegrass Materials for $1.63B in CashJun 26, 2017
• ir.martinmarietta.comMartin Marietta Announces Acquisition of Bluegrass Materials | Martin MariettaJun 26, 2017
• newsobserver.comRaleigh-based Martin Marietta Materials expanding in Southeast with $1.6 billion acquisition | Raleigh News & ObserverRaleighJun 26, 2017

Summarized from public sources; check the original articles before acting on it.