Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com

Legal News

Cahill Represents Foresight Energy in Acquisition of Minority Ownership Interests by Murray Energy

Date: 04/16/15

Cahill represented Foresight Energy LP in connection with the acquisition of a significant economic interest of Foresight Energy by Murray Energy Corporation for a cash consideration of approximately $1.37 billion.

In connection with the acquisition, Murray Energy has acquired a 34% percent voting interest in Foresight Energy GP LLC, with 77.5% of the incentive distribution rights; approximately 50% of the limited partner interest in Foresight Energy LP, including all of the outstanding subordinated units held by Foresight Reserves; and access to certain other coal handling, transportation and transloading facilities.

Media Contact:
Michelle Murray
Chief Marketing Officer
Phone: 212.701.3614
Fax: 212.378.2410
mmurray@cahill.com