Murray's $3.5B Consol Coal Mines Buy Gets Antitrust OK

Law360, New York (December 3, 2013, 1:12 PM EST) -- Consol Energy Inc. on Monday said federal antitrust regulators won’t stand in the way of the $3.5 billion sale of its unit that operates five coal mines in West Virginia to coal giant Murray Energy Corp. and that the sale should be sewn up within weeks.

Pennsylvania-based Consol, which announced the deal Oct. 28, said the waiting period under the Hart-Scott-Rodino Act had expired with no action from antitrust regulators.

Murray snapped up Consol's Consolidated Coal Co., comprising all five of the company's longwall coal mines...
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