CONSOL Energy in its $5.2 billion merger of equals with Arch Resources to create Core Natural Resources

On August 21, 2024, Arch Resources, Inc. (NYSE: ARCH) and CONSOL Energy Inc. (NYSE: CEIX) announced that they have entered into a definitive agreement to combine in an all-stock merger of equals to create Core Natural Resources, a premier North American natural resource company focused on global markets.  Pro forma, Core Natural Resources would have a market capitalization of approximately $5.2 billion as of August 19, 2024.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to CONSOL.