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Monday, December 12, 2011

CORRECTED - Martin Marietta makes $4.6 billion bid for Vulcan, (NYSE: MLM)

Martin Marietta Materials Inc on Monday made an unsolicited offer to purchase rival Vulcan Materials Co for $4.6 billion in stock.

Shares of MLM traded higher by 1.87% or $1.37/share to $74.74. In the past year, the shares have traded as low as $59.93 and as high as $95.00. On average, 449208 shares of MLM exchange hands on a given day and today's volume is recorded at 336692.



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