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James River Coal Company (NASDAQ:JRCC) announced its acquisition of International Resource Partners LP and Logan & Kanawha LLC and their affiliate companies.
James River Coal Company (NASDAQ:JRCC) announced its acquisition of International Resource Partners LP and Logan & Kanawha LLC and their affiliate companies.
The press release is quoted as saying:
Under the terms of the agreement JRCC will pay $475 million in cash. JRCC will acquire IRP/L&K free of debt.