Arch Resources (ARCH) has issued an announcement.
Arch Resources and CONSOL Energy have agreed to a merger, forming a new entity named Core Natural Resources, Inc. This all-stock merger of equals will see Arch shareholders receive 1.326 shares of CONSOL stock for each Arch share they hold. The merger, subject to conditions including stockholder and regulatory approvals, aims to integrate the businesses, capitalize on synergies, and is expected to complete by August 20, 2025. Post-merger, Core Natural Resources will trade on the NYSE and the management team will consist of leaders from both companies with headquarters in Canonsburg, Pennsylvania.
For detailed information about ARCH stock, go to TipRanks’ Stock Analysis page.
