Stockholders of ANR Inc. and Alpha Natural Resources Holdings Inc. will meet in New York on Nov. 7 to vote on Alpha Natural Resources Inc.'s proposed merger with Contura Energy Inc.
The merger would create the largest metallurgical coal platform in the U.S. The move essentially reunites Alpha with Contura after the latter was spun out of a 2016 bankruptcy reorganization, though without the large Powder River Basin thermal coal mines Contura has since sold.
A 10 a.m. meeting of Alpha Natural Resources Holdings stockholders at the offices of Katten Muchin Rosenman LLP will be followed by a 10:30 a.m. meeting of stockholders of ANR Inc, a subsidiary of Alpha Natural Resources Holdings. Voting is open to stockholders of record as of Sept. 26. The proposed merger is planned as a stock-for-stock transaction.
Contura and Alpha also mutually announced that the SEC declared Contura's filed registration form effective Oct. 16.