CONSOL Energy And Arch Resources Secure Stockholder Approvals For Their Pending Merger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
0mins
Source: Business Insider
Merger Approval: CONSOL Energy Inc. and Arch Resources, Inc. have received approval from their stockholders for a merger, which is expected to finalize on January 14, 2025, resulting in a new entity named Core Natural Resources, Inc.
Stock Performance: Following the announcement, CEIX shares closed at $105.51, reflecting a slight decline, and are projected to begin trading under the ticker symbol CNR on the NYSE starting January 15, 2025.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
