Walter Energy (WLT -5%) is in talks to acquire Western Coal (WTNCF.PK) for C$11.50/share, or...

|About: Walter Energy, Inc. (WLT)|By:, SA News Editor

Walter Energy (WLT -5%) is in talks to acquire Western Coal (WTNCF.PK) for C$11.50/share, or C$3.3B ($3.2B) total, a 56% premium to Western Coal's Canadian close yesterday. A combined firm would be one of the world's biggest providers of metallurgical coal. (PR)