Photo by AP/Wideworld Vulcan says Martin Marietta Materials' takeover offer undervalues its reserves. Some analysts say a combined company with a larger market share would provide pricing leverage. Related Links: Investors Sue Vulcan Materials Over Hostile Bid By Martin Marietta Floods Along the Mississippi Disrupt Construction Supply Chain Martin Marietta Materials Inc.'s hostile takeover of rival aggregate supplier Vulcan Materials Co. has been dealt a setback.On May 4, Delaware Chancery Court Judge Leo E. Strine Jr. took the unusual step of imposing a four-month ban on Martin Marietta's bid efforts, saying the Raleigh, N.C.-based firm "improperly disclosed confidential information."Martin Marietta
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.