SOURCE: Industrial Info Resources

Industrial Info Resources

March 27, 2015 06:00 ET

Murray Energy's Controlling Interest of Foresight Creates U.S. Coal Mining Giant, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Mar 27, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Murray Energy Corporation's (St. Clairsville, Ohio) deal to take controlling interest in Foresight Energy will create a company with more than 9 billion tons of coal reserves. Murray Energy, which already is the largest privately held coal-mining company in the U.S., announced recently it will acquire a controlling interest in Foresight Energy LP (NYSE:FELP) (St. Louis, Missouri) and Foresight Energy GP LLC (FEGP) (St. Louis, Missouri) for nearly $1.4 billion.

Within this article: Murray Energy's acquisition of controlling interest in Foresight Energy.

Additional companies: CONSOL Energy Incorporated (NYSE:CNX)

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