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Wolf Haldenstein Announces Investigation Of Vulcan Materials Company

Stock quotes in this article: VMC 

Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating, on behalf of institutional investors, the circumstances surrounding the non-disclosure agreement entered into by Vulcan Materials Company (“Vulcan” or the “Company”) [NYSE: VMC] and Martin Marietta Materials, Inc. (“Martin Marietta”) in May 2010.

On Monday, December 12, 2011, Martin Marietta commenced an unsolicited exchange offer to acquire all outstanding shares of Vulcan common stock at a fixed exchange ratio of 0.50 shares of Martin Marietta common stock for each share of Vulcan common stock. On the same day Martin Marietta commenced an action in the Delaware Court of Chancery seeking a declaration that the non-disclosure agreement entered into by the two companies on May 3, 2010, does not prohibit: (i) Martin Marietta’s public offer to purchase all issued and outstanding shares of Vulcan common stock in exchange for Martin Marietta’s common stock; and (ii) Martin Marietta’s proposal to Vulcan stockholders to vote for the election of Martin Marietta’s five independent nominees to Vulcan’s board of directors.

If you are an institutional holder of Vulcan common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Gregory Nespole or Derek Behnke  

Wolf Haldenstein Adler Freeman & Herz LLP

270 Madison Avenue
New York, New York 10016
Phone Numbers: (800) 575-0735
(212) 545-4600
Email:

nespole@whafh.com

Classmember@whafh.com

Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website ( http://www.whafh.com) for more information about the firm.

Website: http://www.whafh.com

Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.

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