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Stock impact report

Eagle Materials to Acquire Bullskin Stone & Lime for $152.5M [Yahoo! Finance]

Eagle Materials Inc (EXP) 
Last eagle materials inc earnings: 2/4 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.eaglematerials.com/investor-relations
Company Research Source: Yahoo! Finance
The acquisition of this pure-play aggregates business located in Western Pennsylvania will expand EXP's market reach in the Pittsburgh and Western Pennsylvania markets. The closure of this strategic transaction is expected in the next 60 days, subject to the satisfaction of customary closing conditions. Per Michael Haack, Eagle Materials' president and CEO, “The acquisition of Bullskin Stone & Lime further advances Eagle's long-term growth strategy by adding a pure-play aggregates business that complements and extends our network of aggregates quarries and cement plants and terminals in the region.” Eagle Materials is continuously focusing on operational improvements to boost its assets and footprint. Its aim of maintaining a healthy balance sheet will allow it the flexibility to invest in growing its core businesses and finding inorganic growth opportunities. The company believes that acquisitions and internal investments are crafted to strengthen its current network, extend its Show less Read more
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