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Company Statement: Alpha Natural Resources and Massey Energy agree to $8.5 billion combination

( January 29, 2011, 23:23 GMT | Official Statement) -- MLex Summary: Coal producer Alpha Natural Resources has announced its intentions to purchase its competitor Massey Energy for 8.5 billion dollars. Both companies are leading suppliers of metallurgical coal which is used in the steel manufacturing process. Combination creates a premier coal operator in the United States and a global leader in metallurgical coal supply...

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