Home : August 2011 : August 29, 2011 News : Peabody Energy, ArcelorMittal and Macarthur Board Agree to Terms for Recommended Takeover of Macarthur Coal

Peabody Energy, ArcelorMittal and Macarthur Board Agree to Terms for Recommended Takeover of Macarthur Coal

August 29, 2011

ST. LOUIS and LUXEMBOURG, Aug. 29, 2011 /PRNewswire/ -- Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today announced that PEAMCoal has agreed to terms with the Macarthur board for a cash takeover of all outstanding shares of Macarthur Coal for A$16.00(1) per share, valuing the...

http://www.prnewswire.com/news-releases/peabody-energy-arcelormittal-and-macarthur-board-agree-to-terms-for-recommended-takeover-of-macarthur-coal-128641163.html
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