Martin Marietta CEO, McDermott Lawyer, and ‘Flacks’ Get Dinged in Strine Ruling on Vulcan Takeover
Martin Marietta Materials' $5.3 billion hostile bid for Vulcan Materials has backfired. Not only did Delaware Chancellor Leo Strine Jr. enjoin the takeover effort, but he had some unflattering things to say about Martin Marietta's CEO, its public relations "flacks," and even one of its outside lawyers.