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Martin Marietta Corporation

Martin Marietta Corporation
Item# 190
Regular price: $17.00
Sale price: $10.00

Details

Martin Marietta Corporation
Martin Marietta Corporation was founded in 1961 through the merge of The Martin Company and American-Marietta Corporation. The combined company became a leader in aggregates, cement, chemicals, aerospace, and electronics.

In 1982, Martin Marietta was subject to a hostile takeover bid by the Bendix Corporation. Bendix bought the majority of Martin Marietta shares and in effect owned the company. However Martin Marietta's management used the short time separating ownership and control to sell non-core businesses and launch its own hostile takeover of Bendix (the Pac-Man Defense). The end of this extraordinarily bitter battle saw Martin Marietta survive and Bendix was bought by Allied Corporation.

In 1995, Martin Marietta merged with the Lockheed Corporation to form Lockheed Martin.


Certificate: Common Stock, issued in the 1970s

Printer: Security-Columbian Bank Note Company

Dimensions: 8 (h) x 12 (w)

State: MD-Maryland

Subject Matter: Aviation and Aerospace

Vignette Topic(s): Female Subject

Condition: Vertical fold lines, punch hole and stamp cancels in signature areas and body.




All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.