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Showing posts with label ANR. Show all posts
Showing posts with label ANR. Show all posts

Friday, May 15, 2015

ANR — NR

  • The firm suffered 4 years of losses, laid off 4,000 workers, and closed all but 50 mines. Due to its "abnormally low" stock price ANR was delisted from the NYSE on July 16, 2015.
  • With debts of $3 billion dating from its acquisition of Massey Energy for $7.1 billion in 2011 the firm filed for Chapter 11 bankruptcy on August 3, 2015