Eagle Materials earns last laugh on Monday morning quarterback

Two years ago we saw Dallas-based Eagle Materials Inc., slightly reeling from a fracking sand production play, heed an activist investor’s proposal for a Light Materials (wallboard, paperboard) and Heavy Materials (cement, aggregates, concrete) business split. The action had the aura of an opportunistic New Yorker swaggering into Texas to shed light on running a construction materials business.  Eagle Materials…

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