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Massey Energy Company (MEE) Buying Rival For $640 Million
Tuesday, March 16, 2010 - 6:44pm
Massey Energy Company (NYSE: MEE) announced on Tuesday that the coal producer had reached an agreement to acquire its rival Cumberland Resources Corp. for $960 million. The acquisition is part of Massey Energy Company's strategy of gaining control of more high-value metallurgical coal assets, as...
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Cumberland Resources Corp.
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