With the completion of the acquisition, U.S. Concrete's common stock has ceased trading on the NASDAQ Global Select Market, and U.S. Concrete is now a wholly-owned subsidiary of Vulcan.26 Aug 2021
Is US Concrete a buy?
U.S. Concrete has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
What is the stock price of US concrete?
Peers Price
---- --------------------------- ------
USCR US Concrete 73.99
USLM United States Lime Minerals 126.52
VMC Vulcan Materials 188.42
WIRE Encore Wire 105.47
U.S. Concrete went public in 1999, trading first under the RMIX symbol, then USCR. Shares have ceased Nasdaq Global Select Market trading; Vulcan stock, or VMC, continues to hover record highs.30 Aug 2021
How much did American concrete sell for?
The global producer of construction aggregates, Vulcan Materials Company (VMC), has agreed to buy U.S. Concrete, Inc. (USCR), a supplier of aggregates and ready-mixed concrete, in a cash deal valued at $1.294 billion.8 Jun 2021
How much did Vulcan pay for U.S. Concrete?
Under the terms of the agreement, Vulcan will acquire all of the issued and outstanding shares of U.S. Concrete common stock for a purchase price of $74 per share in cash, which represents a total equity value of $1.294 billion.