Davis Polk Advises Contura Energy on the Merger of Alpha Natural Resources with Contura
Davis Polk is advising Contura Energy, Inc. on the merger of Alpha Natural Resources Holdings, Inc. with Contura in an all-stock transaction. The transaction, which is expected to close in the third quarter of 2018, is subject to shareholder approval and the satisfaction of other customary conditions.
Contura Energy is a private, Tennessee-based coal supplier with affiliate mining operations across major coal basins in Pennsylvania, Virginia and West Virginia. Alpha Natural Resources has affiliate mining operations in seven counties in West Virginia, and supplies metallurgical coal to the steel industry and thermal coal to generate power.
The Davis Polk corporate team includes partners William L. Taylor and Lee Hochbaum and associates Albert Zhu and Daisy Wu. Partner David H. Schnabel and associate Elina Khodorkovsky are providing tax advice. Partner Jeffrey P. Crandall and associate Christie Michelle Falco are providing executive compensation advice. Partner Byron B. Rooney is providing capital markets advice. All members of the Davis Polk team are based in the New York office.