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Peabody nixes $8.3B deal for Anglo American coal assets due to mine fire (BTU:NYSE)

Coal falling from the moving belt conveyor into the big pile

keni1/iStock via Getty Images

Peabody (NYSE:BTU) +7.4% pre-market Tuesday after saying it terminated its $3.8B deal with Anglo American (OTCQX:AAUKF) (OTCQX:NGLOY) to buy steelmaking coal assets due to the fire earlier this year at Anglo’s Moranbah North Mine in Australia.

The two companies failed

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