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SPO Partners buys 445,000 shares of Martin Marietta Materials
By Lisa Kerner
Charlotte, N.C., Aug. 12 - Investors led by SPO Partners II, LP bought 445,000 shares of Martin Marietta Materials, Inc. on Aug. 7 at prices from $98.39 to $103.27 each.
SPO beneficially owns 4,360,135 shares, or 10.5%, of the Raleigh, N.C.-based company, it was reported in a schedule 13D filed with the Securities and Exchange Commission.
Martin Marietta Materials produces and sells aggregates for the construction industry.
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