New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:06 EDTVMCVulcan Materials sells Florida cement and concrete assets for $720M
Vulcan Materials has entered into a definitive agreement to sell the company's cement and concrete businesses in the Florida area to Cementos Argos for gross cash proceeds of $720M. Vulcan is retaining all of its aggregates operations in Florida. The company will continue to provide aggregates to the divested concrete facilities, at market prices, for a period of 20 years. The transaction is expected to close in Q1. The completion of the asset sale to Cementos Argos and related restructuring and other transaction-related expenses will result in a pretax gain of approximately $210M, or $1.00 per diluted share. The company expects to record a one-time charge of approximately 37c per diluted share.
News For VMC From The Last 14 Days
Check below for free stories on VMC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 18, 2014
08:03 EDTVMCMartin Marietta completes divestures required by DOJ
Subscribe for More Information
08:00 EDTVMCVulcan Materials acquires aggregates operations in Dallas market
The company has completed the acquisition of one quarry in southern Oklahoma with rail distribution capabilities into Texas and two distribution yards in the Dallas area from Martin Marietta Materials, for cash and real property.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use