Loeb Drops In On Martin Marietta
Monday, December 11, 2006 - 3:23 pm
Third Point Management today disclosed a 5.4% stake in Martin Marietta Materials (MLM-NYSE) according to a 13-D filing. Dan Loeb’s Third Point, the object of stalkers everywhere, said that the shares were acquired for investment purposes. Form 13-D
The New York-based hedge fund management company was named after Loeb’s favorite surf spot in Malibu and is best known for its strident activist tactics.
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