Massey Energy could be up for sale

Posted by Iva Radman – email

RICHMOND, VA (WWBT) - Late Monday, Massey Energy Company reported it has begun to explore strategic alternatives, which could include the sale of the company.

The Richmond based- company hired financial and legal advisers to review its options.

Massey operates mines in Virginia, West Virginia and Kentucky. Among its holdings is the Upper Big Branch Mine where 29 miners were killed following an explosion on April 5th.

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