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Actionable news in KMI: KINDER MORGAN Inc, 18 april 2016

WSJ: Peabody bankruptcy follows failed mine sale

Today's bankruptcy filing of Peabody Energy (NYSE:BTU) comes after a failed effort earlier this year to use its Australian unit to avoid chapter 11 and restructure out of court, WSJ reports.

BTU had hoped to avoid a sale of most of its U.S. mining assets by raising new debt that was secured by the...

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