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Arch Coal Files For Ch. 11 With $4.5B Debt Plan In Hand

By Jonathan Randles (January 11, 2016, 11:32 AM EST) -- Arch Coal said it filed for bankruptcy Monday after striking a deal with a group of secured lenders that would eliminate more than $4.5 billion in company debt, reflecting the U.S. coal industry's continued struggle for financial stability amid weak demand and increased competition from other energy sources....

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