Analysts Say U.S. Coal Merger Not Anti-Competitive-
"The proposed 'extraordinary' joint venture between U.S. coal majors Peabody Energy and Arch Coal will be structurally beneficial, rather than anti-competitive for U.S. energy markets in the long run, according to Jefferies analysts."
Why this is important: Analysts believe the Arch and Peabody Coal joint venture for their Powder River and Colorado coal mines is not anti-competitive as it will help the Powder River mines survive in coal markets dominated by cheap natural gas and continued closings of coal-fired electrical generation plants...
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