RICHMOND, Virginia (


) --

Massey Energy


is weighing more than two takeover offers, the

Wall Street Journal

reports, but the coal miner has yet to start a formal auction process.

Massey's board met Monday to discuss an offer it received from

Alpha Natural Resources


. Other companies, including steel giant


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also have expressed an interest in acquiring Massey, the



Massey directors "are not near a decision point" about whether to sell the company or acquire another business, Chairman Bobby Inman told the

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, following Monday's board meeting.


reported earlier this month that

Massey was exploring options

ranging from a sale of the company to a takeover of

International Coal Group



But because of their current focus on would-be buyers, Massey officials "are not in any talks" right now with International Coal, a person familiar with the situation told the


. However, the person said Massey has received "multiple requests" from companies that want to be acquired by the coal company.

-- Written by Joseph Woelfel

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Joseph Woelfel

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