Business & Tech

Arch Coal One Step Closer To Finishing Major Deal

The Creve Coeur-based energy company has two weeks left to complete deal to buy International Coal Group.

Creve Coeur-based $3.4 billion deal to add rival International Coal Group to its portfolio was bolstered by word Wednesday that a federal anti-trust waiting period had come and gone by May 31 with no action taken.

The in early May. According to a statement released by Arch Coal Wednesday, there is a June 14 deadline for Arch to purchase outstanding shares of ICG's common stock, among other conditions.


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