TITLE

International Coal Group Sold

AUTHOR(S)
Noto, Anthony
PUB. DATE
May 2011
SOURCE
Mergers & Acquisitions Report;5/9/2011, Vol. 24 Issue 19, p18
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that International Coal Group Inc. (ICG) will be acquired by Arch Coal Inc. for 3.4 billion U.S. dollars. The deal would increase the coal reserves of Arch by 25 percent. David Hammond, Ari Terry, Rob Jones and Whit Marshall of Morgan Stanley advised Arch throughout the process, while UBS Securities LLC ran the auction for ICG.
ACCESSION #
60604724

 

Related Articles

  • ARCH COAL TO ACQUIRE ICG for $3.4 Billion.  // Coal Age;May2011, Vol. 116 Issue 5, p10 

    The article informs that a definitive agreement has been signed by Arch Coal and International Coal Group (ICG) under which Arch will acquire all of the outstanding shares of ICG for 14.60 dollar per share. Steve Leer, chairman and Chief Executive Officer (CEO) of Arch Coal, said that the...

  • Arch Coal acquires International Coal Group.  // Coal International;Jul/Aug2011, Vol. 259 Issue 4, p34 

    The article reports that Arch Coal Inc. has completed its merger with International Coal Group Inc. (ICG) for an estimated 3.4 billion dollars deal. It states that Arch has become the second largest metallurgical coal producer in the U.S. and a top global supplier to steelmakers. It notes that...

  • Arch Coal to buy ICG; Company will be second largest after $3.4 billion acquisition.  // Mining Engineering;Jun2011, Vol. 63 Issue 6, p28 

    The article reports on the acquisition by Missouri-based coking coal producer Arch Coal Inc. of International Coal Group for 3.4 billion dollars. Arch Coal operates mines in Illinois, Kentucky, West Virginia, Maryland and Virginia. According to Arch Coal chief executive officer Steven Leer,...

  • ARCH COAL PURCHASES WEST VIRGINIA RESERVES.  // Coal Age;Jan2004, Vol. 109 Issue 1, p11 

    Focuses on the acquisition of the Blue Creek reserves in West Virginia from Appalachian Coal Holdings by Arch Coal Inc. in November 2003 to complement its existing holdings in central Appalachia. Value of the transaction; Terms of the acquisition; Production capacity of Campbells Creek.

  • Arch Acquisition of ICG Part of Changing Coal Industry. Ross, Jim // State Journal (WV);5/6/2011, Vol. 27 Issue 18, p3 

    The article reports on the acquisition of the International Coal Group Inc. by Arch Coal Inc. which has been anticipated to strengthen its competitive market for the metallurgical coal in West Virginia.

  • Arch-ICG Purchase Shows Arch Has Faith in the State.  // State Journal (WV);5/6/2011, Vol. 27 Issue 18, p36 

    In this article the author discusses the confidence shown by Arch Coal Inc. to West Virginia through its acquisition of Putnam County-based International Coal Group Inc. in West Virginia.

  • Banks Prep $2B HY Deal for Arch Coal. Sheahan, Matthew // High Yield Report;6/6/2011, Vol. 22 Issue 23, p2 

    The article reports that Arch Coal will offer 2 billion U.S. dollars worth of senior notes with 2019 and 2021 maturity and plans to use the proceeds to finance its acquisition of International Coal Group (ICG) for 3.4 billion U.S. dollars.

  • ICG Acquisition Boosts Arch Coal Earnings.  // State Journal (WV);2/17/2012, Vol. 28 Issue 7, p11 

    The article reports on the positive impact of Arch Coal Inc.'s acquisition of International Coal Group Inc. (ICG) in 2011 on Arch Coal's fourth-year and annual earnings with net income of 70.9 million U.S. dollars in the fourth quarter and adjusted full-year net income of 205.2 million dollars.

  • Arch Coal Inc. Completes Takeover of ICG.  // State Journal (WV);6/17/2011, Vol. 27 Issue 24, p32 

    The article announces Arch Coal Inc.'s 3.4 billion dollar deal to acquire International Coal Group Inc. (ICG) in the U.S.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics