Vulcan Materials Company announced Monday the Delaware Court of Chancery issued its order and judgment implementing its earlier ruling enjoining Martin Marietta Materials from pursuing a takeover battle for the Alabama company.
Both companies are in the constructon materials business. The decision focused on Martin’s actions dealing with confidentiality agreements on what started out as a friendly deal that ended up as a hostile takeover effort by Martin. For an indepth look at the case, click on a link to a New York Times story.
Lessons From the Vulcan Materials Ruling – NYTimes.com.
