Investors seem to anticipate a higher offer for Vulcan Materials (VMC +0.9%) from Martin...

|About: Martin Marietta Materials Inc. (MLM)|By:, SA News Editor

Investors seem to anticipate a higher offer for Vulcan Materials (VMC +0.9%) from Martin Marietta (MLM -0.3%) or another bidder. "While we think this combination ultimately makes sense, especially if MLM's ($200M-$250M) synergy estimates are correct, we are unsure if this current offer will be enough to get the deal done," Stephens says. Yesterday's offer values VMC at $37.75.