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Lenders For Bankrupt Coal Miner Peabody OK Business Plan

By William Gorta (August 10, 2016, 1:29 PM EDT) -- Bankrupt coal giant Peabody Energy Corp. on Wednesday said that the company's debtor-in-possession lenders approved its five-year business plan, the foundation of the reorganization plan that it expects to submit to an Illinois bankruptcy court before the end of the year, the company announced on Wednesday....

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