SOURCE: Industrial Info Resources

Industrial Info Resources

February 01, 2011 05:10 ET

U.S. Coal Miners Alpha Natural Resources and Massey Energy Agree on Merger, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - February 1, 2011) - 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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