Westmoreland Coal Co. is set to unload its Wyoming mine to lenders after an earlier deal to sell the mine fell through.
Judge David R. Jones of the U.S. Bankruptcy Court in Houston Wednesday granted Westmoreland’s request to sell its Kemmerer mine complex to its lenders. The sale still needs to close. It also depends on the buyers striking a new collective bargaining agreement with a mine workers’ union, lawyers said.
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https://www.wsj.com/articles/westmoreland-coal-cleared-to-sell-wyoming-mine-to-lenders-11559832935
2019-06-06 14:55:00Z
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