Alpha Natural Resources and Massey Energy Company Receive Antitrust Clearanceadmin
Alpha Natural Resources Inc. and Massey Energy Company announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired in connection with Alpha’s previously announced agreement to acquire Massey. Alpha and Massey also confirmed that they have received required foreign antitrust approvals and that all antitrust conditions to closing have now been met.
The closing of the transaction is also subject to other customary closing conditions, including the effectiveness of Alpha’s Registration Statement on Form S-4, which was initially filed with the Securities and Exchange Commission on March 17, 2011, and stockholder approval of both companies. Subject to the satisfaction of these other conditions, the transaction is expected to close in mid-2011.