We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Martin Marietta settles with DOJ, completes deal for Bluegrass Materials

After the Department of Justice filed a lawsuit to stop Martin Marietta Materials’ proposed $1.625 billion acquisition of Bluegrass Materials Co. unless it divested quarries in Georgia and Maryland, a settlement was reached.

On April 25, the DOJ’s antitrust division joined with Maryland’s Office of the Attorney General in a civil antitrust lawsuit filed in US District Court for the District of Columbia to block the proposed transaction. But the department also filed a proposed settlement to resolve its competitive concerns.

Martin Marietta agreed to divest...

Subscription required to view this article.

This content can only be accessed by FTCWatch subscribers. If you are an FTCWatch subscriber, please login to access this content

If you do not currently subscribe to FTCWatch please contact us for subscription information:
Email: customerservices@ftcwatch.com
Phone: 202-909-2156

FTCWatch is delivered in the following formats: via email alert and online at mlexwatch.com/ftcwatch