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Yanzhou Coal (YZC -3.8%) will reportedly purchase Australia's Gloucester Coal for at least $2B,...

  • Monday, December 19, 2011, 10:47 AM ET
    Yanzhou Coal (YZC -3.8%) will reportedly purchase Australia's Gloucester Coal for at least $2B, according to sources talking to Bloomberg. At the moment, shares of YZC are halted pending a news announcement.
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