Is Arch Coal Inc On The Verge Of Chapter 11 Bankruptcy? - Business F...

Is Arch Coal Inc On The Verge Of Chapter 11 Bankruptcy?
Business Finance News
The fall in coal prices has caused many mining companies including Walter Energy, Inc. (OTCMKTS:WLTGQ), Alpha Natural Resources, Inc. (OTCMKTS:ANRZQ), Patriot Coal Corporation (OTCMKTS:PCXCQ) and others to file for chapter 11 bankruptcy.
Arch Coal needs to burn more coal than cash to avoid Chapter 11Reuters

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