Vulcan To Acquire U.S. Concrete
- Complements Vulcan's existing aggregates business in
Californiawith access to blue-water source of high quality aggregates reserves;
- Enhances Vulcan's position in key
- Expands Vulcan's aggregates footprint, including in the attractive
New Yorkand New Jerseymetropolitan areas;
- Expected to increase Vulcan's EBITDA by approximately
$190 millionbefore synergies; and,
- Expected to be accretive to Vulcan's earnings per share in the first full year following closing.
For additional information about Vulcan, go to www.vulcanmaterials.com.
For more information on
GAAP does not define "Earnings Before Interest, Taxes, Depreciation and Amortization" (EBITDA) and it should not be considered as an alternative to earnings measures defined by GAAP. We use this metric to assess the operating performance of our business and as a basis for strategic planning and forecasting as we believe that it closely correlates to long-term shareholder value. We do not use this metric as a measure to allocate resources. We adjust EBITDA for certain items to provide a more consistent comparison of earnings performance from period to period. It is not practicable to reconcile, without unreasonable efforts, these forward looking measures to the most comparable GAAP measures due to unknown variables and uncertainty related to future results. Please see note on Forward-Looking Statement Disclaimer for further discussion.
FORWARD-LOOKING STATEMENT DISCLAIMER
This communication contains "forward-looking statements" as that term is defined under the Private Securities Litigation Reform Act of 1995 and other securities laws, regarding Vulcan and
No Offer or Solicitation/Additional Information and Where to Find It
This communication is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
This communication is being made in connection with the proposed transaction between Vulcan and
INVESTORS AND SECURITY HOLDERS OF VULCAN AND
Investors and security holders will be able to obtain free copies of the preliminary proxy statement and the definitive proxy statement (in each case, if and when available) and other documents containing important information about Vulcan,
Participants in the Solicitation
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