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    coal investing

    Whitehaven and Aston Agree to Merger

    Investing News Network
    Dec. 12, 2011 12:31PM PST
    Industrial Metals

    Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

    Mining Weekly reported that Whitehaven Coal (ASX:WHC) and Aston Resources (ASX:AZT) have reached an agreement on their pending merger.

    As quoted in the market news:

    Aston shareholders would receive 1.89 Whitehaven shares for each Aston share held, following the distribution of a fully franked special dividend of 50c a share to existing Whitehaven shareholders.

    Click here to read the full Mining Weekly report.

    coal investingasx:aztasx:whc
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