Texas Industries secures antitrust clearance for $2.7 billion merger with Martin Marietta Materials
Clients Texas Industries, Inc.
Jones Day assisted Texas Industries, Inc. in securing antitrust clearance from the U.S. Department of Justice for its $2.7 billion acquisition by Martin Marietta Materials, Inc. Both companies are makers of concrete and building material aggregates. The combined company will have a network of quarries, mines, distribution yards, and plants spanning 36 states, Canada, the Bahamas, and the Caribbean Islands. Operating under the name Martin Marietta Materials, Inc., the company will be headquartered in Raleigh, North Carolina, and will maintain a significant presence in Dallas.