WASHINGTON (dpa-AFX) - Alliance Resource Partners, L.P. (ARLP) announced that Alliance Coal, LLC, its wholly-owned subsidiary, has entered into a definitive agreement with Green River Collieries, LLCto acquire substantially all of its coal-related assets located in Webster and Hopkins Counties, Kentucky. The transaction includes the Onton No. 9 mining complex and an estimated 40.0 million tons of coal reserves in the West Kentucky No. 9 coal seam.
ARLP currently anticipates consummation of the proposed transaction following the completion by Green River of certain closing requirements.
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