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A group of Massey (MEE) shareholders are trying to halt the company's sale to Alpha Natural...

A group of Massey (MEE) shareholders are trying to halt the company's sale to Alpha Natural Resources (ANR), turning to an appeals court to block the $7.1B deal. The shareholders argue Massey's management only approved the sale to escape personal liability for the April 2010 blast that killed 29 workers.
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Comments (1)
  • Richard Mackenzie
    , contributor
    Comments (453) | Send Message
     
    I don't get it. You mean I can escape personal liability if the company I was working for at the time gets sold to another set of shareholders? WOW! How does THAT work?
    31 May 2011, 07:40 AM Reply Like
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