Westmoreland Coal (WLB) Posts Q3 Loss of 46c/Share; Updates FY16 Outlook

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Westmoreland Resource Partners (WMLP) Closes Exchange Agreement w/ Westmoreland Coal (WLB); Declares Qtr. Distribution

October 28, 2016 3:07 PM EDT

Westmoreland Resource Partners, LP (NYSE: WMLP) announced the close of a unit exchange agreement with Westmoreland Coal Company and a quarterly distribution reduction. These actions are primarily designed to preserve Westmoreland Resource Partners ability to continue to make cash distributions to public unit holders.... More