Patriot Coal Secures Funding For Ch 11. Exit

By Stephanie Russell-Kraft (October 10, 2013, 2:33 PM EDT) -- Patriot Coal Corp. will exit bankruptcy by year's end, thanks to a sponsorship from Knighthead Capital Management LLC and a settlement with its parent Peabody Energy Corp., which will provide funding for Patriot's union retiree benefits, according to statements filed Wednesday in Missouri federal bankruptcy court....

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