Martin Marietta, Texas Industries merge


Martin Marietta Materials (MLM) and Texas Industries (TXI) have announced their $2.7B merger, creating a combined company valued at $8.5B. The former will acquire all outstanding shares of Texas Industries common stock in a tax-free, stock-for-stock transaction.

Texas Industries shareholders will receive 0.7 Martin Marietta shares for each share of Texas Industries common stock they own at the closing of the deal.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs