Peabody Energy (BTU) raises its bid for Australia's Macarthur Coal to A$3.56B ($3.3B), after its...

|About: Peabody Energy Corp. (BTUUQ)|By:, SA News Editor

Peabody Energy (BTU) raises its bid for Australia's Macarthur Coal to A$3.56B ($3.3B), after its earlier unsolicited A$3.3B offer was rebuffed. Macarthur says it will consider the new offer but advises shareholders not to act until the board makes a recommendation. (PR)