CONSOL Energy on Monday, October 28, announced that it entered into an agreement to sell its Consolidation Coal Company (CCC) subsidiary, which contains all five of its longwall coal mines in West Virginia, to a subsidiary of Murray Energy Corporation along with its river and dock operations for total value of approximately $3.5 billion.

Law360, AmLaw Daily, Bloomberg and other publications reported that Shareholders Lewis U. Davis, Jr. and Brian S. Novosel from Buchanan Ingersoll & Rooney are assisting CONSOL Energy through the sale. 

Read the full Bloomberg article – “Greenberg Among Firms on Consol Deal: Business of Law” (Bloomberg, October 29, 2013) 

Read the full AmLaw Daily article – “Five Firms Advise on $3.5 Billion Consol Coal Mine Deal” (AmLaw Daily, October 29, 2013) Subscription required. 

Read the full Law360 article – “Kirkland Reps Murray Energy in $3.5B Consol Coal Mines Buy” (Law360, October 29, 2013)