Kirkland & Ellis advises St. Clairesville, Ohio-based Murray Energy Corporation in connection with its $1.4 billion transaction to acquire a controlling interest in St. Louis-based, master limited partnership Foresight Energy LP (NYSE: FELP) announced yesterday. The transaction will create the premier coal mining company in the United States, controlling over nine billion tons of coal reserves, and one of the leading coal companies in the world. Under the terms of the transaction, Murray Energy will acquire a majority of the limited partnership interests in Foresight Energy LP and interests in its general partner, Foresight Energy GP LLC, equal to approximately 80% of its voting and economic interests.
The Kirkland team includes attorneys from the Firm's New York, Houston and Washington offices, including William Sorabella, Daniel Michaels, Matthew Pacey, John Pitts, Ashley Gregory, Christian Nagler, Willard Boothby and Bobak Fatemizadeh.
To read more about the transaction, please click here.
To read more about the financing activities related to the transaction, please click here.