Massey Reportedly Weighs at Least 2 Bids
Massey's board met Monday to discuss an offer it received from Alpha Natural Resources (ANR - Get Report). Other companies, including steel giant ArcelorMittal (MT - Get Report) also have expressed an interest in acquiring Massey, the Journal reports.
Massey directors "are not near a decision point" about whether to sell the company or acquire another business, Chairman Bobby Inman told the Journal, following Monday's board meeting.
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