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BRIEF-U.S. to clear Martin Marietta Materials acquisition of Texas Industries, with divestitures
June 26, 2014 / 3:46 PM / in 3 years

BRIEF-U.S. to clear Martin Marietta Materials acquisition of Texas Industries, with divestitures

June 26 (Reuters) - * U.S. says to require Martin Marietta Materials Inc to divest a quarry

and two rail yards to proceed with acquisition of Texas Industries Inc

* U.S. says has filed a civil antitrust lawsuit, as well as a proposed

settlement that if approved by the court will resolve its antitrust concerns * U.S. says state of Texas joined in the lawsuit * U.S. says without the divesting of the Oklahoma quarry and two Texas rail

yards, the $2.7 billion Texas indusries acquisition would likely have raised

crushed stone prices in the Dallas area * U.S. says justice department’s antitrust division must approve buyer of

divested assets

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