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Stock impact report

Alliance Resource Partners, L.P. and Alliance Holdings GP, L.P. Announce Completion of Simplification Transactions and Board Approval of $100 Million Unit Repurchase Program

ALLIANCE HOLDINGS (AHGP) 
Last alliance holdings earnings: 1/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: arlp.com/press-releases
Company Research Source: Business Wire
TULSA, Okla.--(BUSINESS WIRE)-- Alliance Resource Partners, L.P. (NASDAQ: ARLP) announced today that it has closed the previously announced agreement pursuant to which, through a series of transactions (the "Simplification Transactions"), Alliance Holdings GP, L.P. ("AHGP") became a wholly owned subsidiary of ARLP and all of the ARLP common units held by AHGP and its subsidiaries were distributed to the unitholders of AHGP in exchange for their AHGP common units. ARLP also issued 1,322,388 ARLP common units in exchange for a 1.0001% general partner interest in Alliance Resource Operating Partners, L.P. and a 0.001% managing membership interest in Alliance Coal, LLC. The Simplification Transactions were structured such that each AHGP unitholder now holds, directly after the transactions, the same economic share of ARLP and its subsidiaries that it held indirectly through AHGP before the transactions. As a Show less Read more
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