NEW YORK, Oct 24 (Reuters) - Building materials provider Quikrete has approached rival Summit Materials (SUM.N), opens new tab, which has a market value of more than $7 billion, with an ...

A representative for Quikrete couldn’t immediately be reached for comment. Summit’s shares, which had previously gained only 5.6% this year, rose as much as 13% on Thursday. The shares closed ...

Summit Materials (NYSE:SUM) is catching attention with shares surging to all-time-high at $45 at the time of writing, driven by a reported takeover bid from Quikrete Holdings in the "low 50s" per ...