Arch Coal Successfully Completes Financial Restructuring and Emerges from Chapter 11

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Arch Coal (ARCH) Opens at $70 After Emerging from Bankruptcy

October 5, 2016 10:12 AM UTC

Arch Coal, Inc. (NYSE: ARCH) opened for trading at $70 after emerging from bankruptcy. Shares last traded at $68.81.

Arch is emerging with more than $300 million of cash on its balance sheet and a debt level of just $363 million, consisting of a new term... More