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In an all-stock deal worth $2 billion, Alpha Natural Resources, Inc., and Foundation Coal Holdings, Inc., have agreed to merge, creating the third-largest coal producer in the country. Also, American International Group, Inc. is continuing its asset divestiture with the sale of its Japanese headquarters, the Otemachi Building in Tokyo, to Nippon Life Insurance Co. for $1.2 billion in cash.
May 14, 2009 at 12:00 AM
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