M&A
confidence high
sentiment neutral
materiality 0.70
Vulcan Materials completes acquisition of U.S. Concrete for $74.00 per share
Vulcan Materials CO
- Vulcan Materials (VMC) closed its acquisition of U.S. Concrete on August 26, 2021; each USCR share converted to $74.00 cash.
- U.S. Concrete common stock ceased trading on NASDAQ; company becomes wholly-owned subsidiary of Vulcan.
- Chairman and CEO Tom Hill cited complementary footprints, enhanced aggregates scale, and geographic reach in growing metro areas.
- Deal was originally announced June 6, 2021; this 8-K confirms closing.