Arch Coal, Inc. (NYSE: ARCH) ("Arch") today announced that it has entered into a stock repurchase agreement with certain investment funds managed by Monarch Alternative Capital LP (collectively, "Monarch").
Under the terms of the stock repurchase agreement, Arch has agreed to repurchase from Monarch 750,000 shares of Arch's common stock at a purchase price of $74.33 per share, representing aggregate consideration of approximately $55.7 million. Arch intends to fund the repurchase with ca
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