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Thursday, March 19, 2015

Asset-buyer CRH assuming Lafarge/Holcim deal will work out, (NMS: CTCT)

Irish cement firm CRH is working on the basis that the troubled merger of industry giants Lafarge and Holcim will happen, its chief executive said as his shareholders approved asset purchases that depends on it."At this moment in time, we're working forward on the basis that the deal will close, the merger will happen," CRH CEO Albert Manifold told reporters on the sidelines of a shareholder meeting on Thursday.He added that he was in constant contact and had spoken to both companies in the morning.CRH has agreed to purchase a chunk of European assets from the pairing to help Lafarge and Holcim get antitrust clearance for the creation of the cement industry's biggest company.

Constant Contact, Inc. (Constant Contact) is a provider of on-demand engagement marketing tools that are designed for small organizations, including small businesses, associations and non-profits. Shares of CTCT fell by 0.59% or $-0.23/share to $38.96. In the past year, the shares have traded as low as $21.08 and as high as $43.18. On average, 299707 shares of CTCT exchange hands on a given day and today's volume is recorded at 253771.