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Coal Miner Alpha Gets Interim OK On $600M DIP Package

By Matt Chiappardi (August 5, 2015, 9:45 PM EDT) -- A Virginia bankruptcy judge allowed Alpha Natural Resources to tap a portion of its nearly $600 million debtor-in-possession financing package Tuesday, kicking off the Chapter 11 case for one of the country's largest coal producers, which sought court protection amid sharp downturns in coal prices....

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