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Massey Energy Weighs Buyout Offer by Arch Coal
BY JOANN S. LUBLIN AND KRIS MAHER
Coal miner Massey Energy Co. is weighing a takeover offer from rival Alpha Natural Resources Inc., and is expected to review options that include an auction at a board meeting later this month, according to people familiar with the matter.
Massey's board retained investment bank Perella Weinberg for advice on the bid from Alpha and will consider a formal auction or a recapitalization, in which Massey would take on more debt to pay shareholders a dividend or buy back its shares, those people said.
Massey Chief Executive Don Blankenship declined to comment on the company's plans. Shane Harvey, Massey's general ... |
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发表于 2010-11-5 15:39
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