As rumored, Alpha Natural Resources (ANR) moves ahead with a $7.1B, $69.33/share purchase of...

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

As rumored, Alpha Natural Resources (ANR) moves ahead with a $7.1B, $69.33/share purchase of Massey Energy (MEE). Alpha CEO Kevin Crutchfield says the 21% premium is well worth it and that Massey has been at the top of the company's acquisition list for some time. (PR)