Quikrete is actively pursuing a bid to acquire Summit Materials, a Denver-based company. Reports indicate that Quikrete is in discussions with advisers regarding the potential acquisition. Following the news, shares of Summit Materials (ticker: $SUM) rose by 4% in pre-market trading, reflecting investor optimism about the non-binding acquisition proposal. The interest in Summit has driven its stock to an all-time high, suggesting a significant market reaction to Quikrete's takeover intentions. This development comes amid broader trends in the mergers and acquisitions landscape, as highlighted in recent market analyses.