SUGAR LAND, TX -- (Marketwire) -- 02/01/11 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- U.S. coal miners Alpha Natural Resources Incorporated (NYSE:ANR) (Abingdon, Virginia) and Massey Energy Company (NYSE:MEE) (Richmond, Virginia) have agreed to a proposed merger in which Alpha would purchase all outstanding shares of Massey common stock. Upon approvals, the merger is expected to be completed in mid-2011.
Industrial Info is tracking more than $1.3 billion of projects belonging to Massey Energy, Alpha Natural Resources and their subsidiaries, including Alpha's proposed $500 million grassroot underground coal mine near Waynesburg, Pennsylvania. Information on this and other Alpha and Massey projects can be found in Industrial Info's North American Metals & Minerals Project Database.
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