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Murray Objects to Patriot Bankruptcy

March 26, 2013

Murray Energy Corp. is objecting to Patriot Coal’s plan to dump more than $2 billion of its pension obligations onto other companies. The local company filed its objection in U.S....

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idliketoknow

Mar-26-13 7:49 AM

Peabody Energy should hang for this. Putting all your bad eggs (mines) in one basket and calling it Patriot Coal. This company was intended to fail from day one. Looks like Peabody is getting its wish, just not the liability.

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