Arch Coal Inc

Largest US Coal Miner Peabody Finally Files For Bankruptcy Ending Prolonged Speculations

The largest coal miner in the US has sought protection under bankruptcy law on Wednesday ending speculations over its future. The filing has been acknowledged as the largest bankruptcy case by liabilities during this year. With this filing, a century old publicly traded company is going to shutting down its operations in the US.

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Three mines of Arch Coal Inc to be sold off

Three mines owned by Arch Coal would be sold to Bowie Resources LLC.

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