Arch Coal to Divest Non-Core Utah Operations to Bowie Resources for $435M in Cash
June 28, 2013 at 07:46 AM EDT
Arch Coal (NYSE: ACI ) and Bowie Resources, LLC ("Bowie") today announced that they have entered into a definitive agreement under which Arch will sell to Bowie its wholly-owned subsidiary, Canyon Fuel Company, LLC ("Canyon Fuel"), for $435 million in cash, subject to customary adjustments for working capital and
