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View Full Version : Patriot Coal Buys Magnum Coal for $559M (AP)


Yahoo! Finance
04-02-2008, 07:00 PM
<b>Yahoo! Finance: Commodity News</b>

Coal producer Patriot Coal Corp. said Wednesday it agreed to buy Magnum Coal Co. for about $559 million. Under the terms of the deal, Magnum shareholders will get about 11.9 million shares of newly issued Patriot common stock.

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