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Getting Friendly

mmmDecember 3, 2012 – If the rumors are true, Martin Marietta Material's bid to buy Vulcan Materials may go from hostile to friendly. The Wall Street Journal is reporting that Martin Marietta has not yet approached Vulcan, but is interested in making a deal that is palatable to both companies. Last year, Martin Marietta made a bid for a hostile take-over – a move that would have resulted in the creation of the world's largest construction aggregates producer. I did some digging with my underground sources, and no one is talking.