Alpha Natural Resources (ANR) is close to buying Massey Energy (MEE) for around $7B, sources...

|About: Alpha Natural Resources,... (ANRZQ)|By:, SA News Editor

Alpha Natural Resources (ANR) is close to buying Massey Energy (MEE) for around $7B, sources say, or $68-69 share vs. Friday's $57.23 close. Earlier reports had suggested ArcelorMittal (MT) and at least one other company are also interested in Massey.