Martin Marietta Still Clearing Bluegrass Hurdles

RFTR MartinMarietta

April 27, 2018 – Martin Marietta Materials Inc. still has a few hurdles to clear with regard to its $1.6 billion purchase of Bluegrass Materials Co. LLC. Under an antitrust settlement the U.S. Department of Justice (DOJ) filed in D.C. federal court, Martin Marietta must divest its Suwanee, Ga., quarry and Bluegrass’ quarry in Hagerstown, Md. The deal must still be approved by a federal judge following a public comment period, the DOJ said in an announcement.

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