Author: Vikas Shukla

Using Confidential Information in a Hostile Bid
Business

Using Confidential Information in a Hostile Bid

  Martin Marietta Materials, Inc. (NYSE:MLM) sued Vulcan Materials Company(NYSE:VMC) in Delaware Chancery Court on December 11, 2011, seeking a declaratory judgment that the non disclosure agreement (NDA) they had signed did not prohibit Martin Marietta from making a hostile offer for Vulcan shares. The companies certainly knew how […]