Alpha Natural Resources Inc. (NYSE: ANR) offered about $1.4 billion in stock to buy Foundation Coal Holdings Inc. (NYSE: FCL). Shares of Alpha Natural Resources fell $1.80 to close at $27.06 while Foundation Coal stock surged $4.82 to close at $28.06.
Alpha Natural Resources Offers $1.4 Billion For Foundation Coal
May 12, 2009 at 17:21 PM EDT
