Mergers & Acquisitions Mergers & Acquisitions

Peabody, Arch CEOs paint dire outlook for coal business in making case for joint venture

By Brian Baker
  • 20 Jul 2020 17:28
  • 20 Jul 2020 17:28
The chief executives of Peabody Energy and Arch Resources outlined the challenges the two coal companies face due to competition from alternative fuel sources during testimony today at a preliminary injunction hearing in which the US Federal Trade Commission is seeking to halt the companies’ proposed joint venture. 

Peabody CEO Glenn Kellow told

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