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Stock Market & Financial Investment News

News Breaks
December 4, 2012
17:07 EDTTRN, TXITrinity Industries subsidiary acquires certain operations of Texas Industries
Trinity Industries (TRN) announced that its subsidiary, Trinity Materials has entered into an agreement to acquire certain operations of Texas Industries (TXI) that are located in Texas, Colorado, and California. The transaction is expected to close before year-end. Further details regarding the transaction will be provided upon closing. As part of the transaction, Transit Mix Concrete and Materials Company, also a subsidiary of Trinity Industries will transfer to Texas Industries its remaining ready mix operations located in the East Region of Texas and parts of Arkansas. Once this transaction is complete, Trinity will no longer own any ready-mix concrete businesses.
News For TRN;TXI From The Last 14 Days
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April 7, 2014
05:42 EDTTXIHolcim, Lafarge confirm intention to combine via merger of equals
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April 6, 2014
14:38 EDTTXIEuropean cement makers Lafarge, Holcim approve $50B merger, WSJ says
Two of the world's largest cement makers, France's Lafarge (LFRGY) and Switzerland's Holcim agreed to a $50B merger, says the Wall Street Journal. The cement companies' boards met separately on Saturday and approved the deal, added the Wall Street Journal. Other names in the cement and buildings materials space include Vulcan Materials (VMC), Martin Marietta (MLM), Texas Industries (TXI), Eagle Materials (EXP) and CEMEX (CX). Reference Link

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