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Arch Coal to buy International Coal Group for $3.4bn

Mineweb | May 02, 2011 | 6:55 pm Energy Coal 

Arch Coal (ACI.N) will buy smaller peer International Coal Group Inc (ICO.N) for $3.4 billion to create the second-largest U.S. producer of steel-making coal, the companies said on Monday. The deal is the latest in the coal industry, following Alpha Natural...

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