Summit Materials Stock Falls

Summit Materials Stock Falls After Quikrete Strikes Deal to Buy Cement Maker
Quikrete struck a $9.2 billion deal to acquire Summit Materials, bringing together two of the U.S.'s biggest makers of building materials. Summit shares fell nearly 3% premarket. Read more:
Quikrete bulks up even more ahead of potential construction boom by buying Summit Materials
With interest rates coming down, the largest concrete company is buying Summit at a deal value of $11.5 billion including debt.
Quikrete to take Summit Materials private in deal valued at $11.5 billion
Summit Materials said on Monday rival Quikrete would acquire the company in a cash deal valued at $11.5 billion, in a move to capitalize on higher demand for building materials.The sector's deal-making activity has been heating up due to rising U.
Concrete-Maker Quikrete Strikes $9.2 Billion Deal for Summit Materials
Quikrete Holdings has struck a $9.2 billion deal to acquire Summit Materials, bringing together two of the biggest makers of building materials in the U.S.The detailsPrivately held Quikrete is expected to pay $52.
Summit Materials To Be Acquired By Quikrete For $11.5 Bln, Incl. Debt
(RTTNews) - Summit Materials, Inc. (SUM), Denver, Colorado-based construction materials company, said Monday that it agreed to be acquired by Quikrete Holdings, Inc., a privately held building materials company based in Georgia and Atlanta.
Quikrete to buy Summit Materials in deal valued at $11.5 bln
Summit Materials said on Monday that building materials provider Quikrete will acquire the company in a deal valued at $11.5 billion.
Summit Materials to be bought by Quikrete in deal valued at $11.5B
Summit Materials (NYSE:SUM) -2.3% pre-market Monday after confirming it agreed to be acquired by privately-held Quikrete Holdings for $52.50/share in cash, for a total enterprise value of about $11.5B including debt.
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