Successful Completion of Merger Creating Core Natural Resources [Yahoo! Finance]
CONSOL Energy Inc. (CEIX)
Last consol energy inc. earnings: 2/11 06:45 am
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Source: Yahoo! Finance
the merger of equals between CONSOL Energy Inc. ("CONSOL") and Arch Resources, Inc. ("Arch") to form Core, effective January 14, 2025 . The proposals required to consummate the merger received the support of more than 99% of the companies' respective stockholders present and entitled to vote at the stockholder meetings held last week. Logo Shares of Arch ceased trading prior to market open on January 14, 2025 . It is expected that shares of Core will start trading on the New York Stock Exchange under the ticker symbol "CNR" beginning tomorrow, January 15, 2025 , and under the ticker symbol "CEIX" until then. Pursuant to the merger agreement, Arch stockholders received 1.326 shares of Core for each issued and outstanding Arch share. "Today marks a milestone in the proud histories of two great companies," said Jimmy Brock , Core's executive chair. "Through this transformational combination, we have created a global leader exceptionally well-positioned to compete and succeed in two
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