Summit Materials Soars to All-Time High on Quikrete's Takeover Bid--Big Deal Ahead?

By Yahoo! Finance | Oct 25, 2024 at 03:00 PM EST

Summit Materials (NYSE:SUM) is seeing a surge in shares due to a takeover bid from Quikrete Holdings, driving the stock to an all-time high. The board is evaluating the proposal with guidance from Morgan Stanley and Evercore, indicating serious consideration.

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