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U.S. judge signs Peabody bankruptcy exit after environmental deal@offshore stockbroker 

U.S. judge signs Peabody bankruptcy exit after environmental deal@offshore stockbroker  | Stockbroker | Scoop.it
A U.S. judge formally approved Peabody Energy Corp's (BTUUQ.PK) plan to emerge from bankruptcy late Friday after the coal producer struck a settlement with the U.S. government over legacy environmental claims at a gold and metal mining subsidiary.
Edu King Priest's insight:

"Peabody agreed to create a $43 million trust to manage environmental liabilities stemming from its dormant Gold Fields"

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