Eagle Materials Announces Agreement to Acquire Pure-Play Aggregates Asset in Western Pennsylvania
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Eagle Materials Inc. (NYSE: EXP) has announced an agreement to acquire Bullskin Stone & Lime, LLC, a pure-play aggregates business in Western Pennsylvania, for $152.5 million. The acquisition is expected to close within 60 days, pending customary conditions.
December 10, 2024 | 9:30 pm
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Eagle Materials Inc. is acquiring Bullskin Stone & Lime, LLC for $152.5 million to expand its aggregates business in Western Pennsylvania. The deal is expected to close in 60 days.
The acquisition of Bullskin Stone & Lime, LLC is a strategic move for Eagle Materials to expand its presence in the aggregates market in Western Pennsylvania. This could lead to increased revenues and market share, positively impacting the stock price in the short term.
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