Legal DealFolio - Martin Marietta Materials, Inc. Acquisition of Texas Industries

On January 28, 2014, Martin Marietta Materials, Inc. and Texas Industries, Inc. announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which Martin Marietta will acquire all of the outstanding shares of Texas Industries common stock in a tax-free, stock-for-stock transaction valued at USD2.7 billion. Cravath represented Martin Marietta in connection with this transaction. The Cravath team included partners Scott A. Barshay and George F. Schoen and associates Andrew C. Elken and Jacquelyn N. Arcati on M&A matters; partner Andrew W. Needham and associate Kara L. Mungovan on tax matters; partner Eric W. Hilfers and associate Jarrett R. Hoffman on executive compensation and benefits matters; partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters; and practice area attorney Joyce Law on real estate matters. Debra M. Aboodi also worked on M&A matters; Sara L. Lykken also worked on tax matters; and Julia L. Onorato also worked on executive compensation and benefits matters.

Deal Date:	28-01-2014	Practice Area:	Corporate and M&A
Deal Title:	Martin Marietta Materials, Inc. Acquisition of Texas Industries	Industry:	Construction & Materials
Description:	On January 28, 2014, Martin Marietta Materials, Inc. and Texas Industries, Inc. announced that the Boards of Directors of both companies have unanimously approved a definitive merger agreement under which Martin Marietta will acquire all of the outstanding shares of Texas Industries common stock in a tax-free, stock-for-stock transaction valued at USD2.7 billion. Cravath represented Martin Marietta in connection with this transaction. The Cravath team included partners Scott A. Barshay and George F. Schoen and associates Andrew C. Elken and Jacquelyn N. Arcati on M&A matters; partner Andrew W. Needham and associate Kara L. Mungovan on tax matters; partner Eric W. Hilfers and associate Jarrett R. Hoffman on executive compensation and benefits matters; partner Matthew Morreale and senior attorney Annmarie M. Terraciano on environmental matters; and practice area attorney Joyce Law on real estate matters. Debra M. Aboodi also worked on M&A matters; Sara L. Lykken also worked on tax matters; and Julia L. Onorato also worked on executive compensation and benefits matters.
Financial Center:	New York	Value:	1000.01-5000.00
Advised Party:	Acquiror	Law Firm	Cravath
Target Company Jurisdiction:	United States	Acquiror Jurisdiction:	United States
Classification:	Strategic Buyer Acquisitions Private Company	Lawyer	Scott A Barshay

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers