The Delaware Supreme Court has affirmed the Court of Chancery’s decision to impose a four-month injunction that temporarily halts Martin Marietta Materials Inc.’s pursuit of a $5.5 billion hostile takeover of rival Vulcan Materials Co.
Martin Marietta filed an appeal shortly after Delaware Court of Chancery Chancellor Leo E. Strine Jr. ruled that the rock mining company violated confidentiality agreements when it prepared the hostile bid to acquire Vulcan and issued the four-month injunction.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
