Arch Resources, Consol Energy announce stockholder approvals of merger

Arch Resources (ARCH) and Consol Energy (CEIX) announced that both companies’ stockholders voted to approve all proposals in relation to the pending combination of Consol and Arch. Arch and Consol will both file the final certified voting results for their respective special meetings on a Form 8-K with the U.S. Securities and Exchange Commission. Approval by both companies’ stockholders is one of the conditions to the closing of the pending combination. The combination is expected to be completed on January 14, subject to the satisfaction or waiver of the remaining customary closing conditions. Following the combination, the combined company will be renamed “Core Natural Resources (CNR), Inc.” and will be headquartered in Canonsburg, Pennsylvania, with its common stock expected to trade on the New York Stock Exchange under the ticker symbol “CNR” beginning at the open of trading on January 15.