Consol Eyes Acquisition in W.Va.

Summary


Consol Energy Inc. said Monday it plans a $335 million acquisition of Amvest Corp. to increase its coal production and transport operations in central West Virginia.

The deal includes the company's Amvest West Virginia Coal and Vaughan Railroad Co., and "allows us to create a solid central Appalachian platform, for future growth and profitability," Consol CEO J. Brett Harvey said.

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Extract


Consol Eyes Acquisition in W.Va.

Harvey said Upper St. Clair-based Consol's purchase, to be fin...

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