Arch Coal (ACI) Announces 44M Share Common Stock Offering
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Arch Coal (NYSE: ACI) commences public offering of 44 million shares of common stock. The company has granted underwriters the option to purchase up to 6.6 million additional shares to cover over-allotments, if any.
The company said it will use proceeds to partially fund its acquisition of International Coal.
The company said it will use proceeds to partially fund its acquisition of International Coal.
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