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Martin Marietta Materials (MLM -2.5%) proposes to merge with Vulcan Materials (VMC -4.7%),...

Dec. 12, 2011 10:18 AM ETMartin Marietta Materials, Inc. (MLM) StockMLM, VMCBy: Stephen Alpher, SA News Editor

Martin Marietta Materials (MLM -2.5%) proposes to merge with Vulcan Materials (VMC -4.7%), offering to exchange one half of one share of MLM in exchange for each share of Vulcan. The combined company would be among the world's largest suppliers of construction aggregates. It's likely regulators will want to have their say in the deal. Both stocks are currently halted. (PR)

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