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Arch Coal Inc Divests Non-Core Utah Operations To Bowie Resources For $435 Million In Cash

Friday, 28 Jun 2013 07:44am EDT 

Arch Coal Inc announced that they have entered into a definitive agreement under which Arch will sell to Bowie its wholly-owned subsidiary, Canyon Fuel Company, LLC, for $435 million in cash, subject to customary adjustments for working capital and other items. Both companies have approved the transaction, which is expected to close in the third quarter of 2013. 

Company Quote

0.0598 +6.39%
4:00pm EDT