In Bankruptcy, Patriot Coal Creates its Legacy | Sacrificing a Historic Landmark to Coal

By Molly Moore | October 19, 2012 |

In Bankruptcy, Patriot Coal Creates its Legacy By Brian Sewell Concerns over how Patriot Coal will meet its commitments to generations of retirees have rippled throughout Appalachia. When the St. Louis-based spin-off of Peabody Coal filed for bankruptcy in July, it cited “substantial and unsustainable legacy costs” owed to retirees and beneficiaries as factors. Now,…

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