Statement Of Peabody Energy (NYSE: BTU) Regarding Ruling On Patriot Coal Claim
ST. LOUIS, May 29, 2013
ST. LOUIS, May 29, 2013 /PRNewswire/ -- Today, the bankruptcy court ruled on
Patriot Coal's motion to terminate its collective bargaining agreement with
the UMWA. The court also addressed Patriot's request to modify its agreement
with Peabody regarding retiree benefits.
In its order, the court fully agreed with Peabody's contractual
position.Peabodywill continue to meet its obligations, as affirmed by
SOURCE Peabody Energy
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