How Coal Shortages in China Will Spark More Foreign Takeovers of U.S. Assets
How Coal Shortages in China Will Spark More Foreign Takeovers of U.S. Assets
(via www.contrarianprofits.com)
The recent buyout of Alpha Natural Resources Inc. (ANR) by Cleveland Cliffs Inc. (CLF) could ignite more than $50 billion worth of M&A deals in the U.S. coal industry over the next few years as Mainland China rushes to solve a major energy shortfall.
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