Massey Energy Said to Begin to Explore Company’s Sale

Bloomberg.com reports that Massey Energy(NYSE:MEE) is now beginning to examine options for the company’s sale.

The story is quoted as saying:

The company will form a special board committee to study options and may make an announcement as soon as today, said the people, who declined to be identified because the matter is private. The special committee will be advised by Perella Weinberg Partners LP and Cravath Swaine & Moore LLP, the people said. UBS AG will continue to advise the company, they said.

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