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 ...

Bloomberg on Thursday reported that privately held building-materials maker Quikrete Holdings has approached Summit about a potential takeover, with a per-share price in the "low 50s," according ...

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) jumped 7% after a report that Quikrete Holdings approached the company about a takeover. The building materials company is working with advisers as it pursues an offer ...