Arch to buy International Coal for $3.4-billion
Posted by shbanchang on August 23, 2010
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Arch Coal (ACI-N 34.32 0.02 0.06%) will buy smaller peer International Coal Group Inc. (ICO-N 14.38 3.35 30.37%) for .4-billion (U.S.) to create the second-largest U.S. producer of steel-making coal, the companies said Monday.
The deal is the latest in the coal industry and [...]
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Tags: $3.4billion, Arch, Coal, international
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