November 15, 2007 / 2:10 PM / in 11 years

Vulcan Materials gets antitrust nod for Florida Rock deal

Nov 15 (Reuters) - Construction materials company Vulcan Materials Co (VMC.N) has received antitrust clearance for its proposed acquisition of Florida Rock Industries Inc FRK.N, which sells ready-made concrete and concrete products, the companies said.

The companies have agreed to a consent decree, which requires Vulcan to divest certain operations in Tennessee, Georgia and Virginia, they added.

The deal, expected to close on Nov. 16, was cleared by the Department of Justice under the Hart-Scott-Rodino Act, the companies said. (Reporting by Anant Vijay Kala in Bangalore)

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