Tag Archives: Ranger Energy Investments LLC

National Coal shareholders approve sale to Jim Justice

100110coal3.jpg.jpgIt’s official — National Coal Corp. shareholders on Thursday approved the sale of the Knoxville-based company to West Virgina businessman and coal baron Jim Justice.

Justice, who attended the University of Tennessee and graduated from Marshall University, will pay $1 per share, a 54 percent premium over National Coal’s closing price on Sept. 27, the day the sale was announced.

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