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Arch Resources in talks to merge with Consol Energy, Bloomberg News reports
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Arch Resources in talks to merge with Consol Energy, Bloomberg News reports
Aug 20, 2024 8:39 PM

Aug 20 (Reuters) - Coal miner Arch Resources ( ARCH ) is

nearing an agreement to merge with Consol Energy ( CEIX ) in a

deal that could create a $5 billion coal mining company,

Bloomberg News reported on Tuesday, citing people familiar with

the matter.

An agreement could be announced as soon as this week, the

report added.

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