This acquisition price reflects a significant premium over Summit’s recent share performance. The board of directors of both Summit and Quikrete have unanimously approved the transaction. The deal ...

for $52.50 per share in cash, for a total enterprise value of approximately $11.5 billion, including debt. The transaction combines Summit’s leading aggregates, cement and ready-mix concrete ...

The $9.2 billion debt package to help finance Quikrete Holdings Inc.’s acquisition of Summit Materials Inc. is a sign that a long-awaited Wall Street wish could soon come true: the return of big ...

(SUM), Denver, Colorado-based construction materials company, said Monday that it agreed to be acquired by Quikrete Holdings ... and ready-mix solutions." Friday, SUM had closed its regular ...

Privately held Quikrete is expected to pay $52.50 a share in cash for Summit, the companies said Monday, confirming an earlier report from The Wall Street Journal. Including debt, the deal values ...

Summit Materials said on Monday rival Quikrete would acquire the company in a deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials. Quikrete to take Summit ...

Privately held Quikrete, based in Atlanta, is acquiring Denver-based Summit in a cash-for-stock deal that combines the companies' cement and concrete production. Activity in the industry has been ...

Summit Materials sells aggregate, cement and ready-mix concrete material. It employs about 5,300 people nationwide. Privately held Quikrete Holdings Inc. agreed to pay $52.50 per share to buy ...

The combination has been unanimously approved by the Summit and Quikrete Boards of Directors. The transaction combines Summit's leading aggregates, cement and ready-mix concrete businesses with ...