A proposed $350 million deal between CalPortland and Martin Marietta Materials is off as the Federal Trade Commission (FTC) called it “presumptively illegal.”
Read MoreCalPortland-Martin Marietta Deal Fails
Tag: FTC
Lehigh Cement Abandons $151M Keystone Acquisition
Two weeks after the Federal Trade Commission (FTC) challenged Lehigh Cement’s planned acquisition of Keystone Cement, the commission said the two rival producers have abandoned the deal.
Read MoreFTC Blocks Lehigh’s Acquisition of Keystone
The Federal Trade Commission (FTC) is challenging Lehigh Cement’s $151 million acquisition of rival Pennsylvania-based producer Keystone Cement Co., alleging the deal would harm regional competition in the market.
Read More