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Peabody Energy Declares Chapter 11 Bankruptcy
Wednesday, April 13, 2016 - 6:58am | 284Peabody Energy Corporation (NYSE: BTU) announced Wednesday morning it has voluntarily filed petitions under Chapter 11 for the majority of its U.S. entities in a U.S. Bankruptcy Court. Peabody Energy stated that through the process, it intends to reduce its overall debt load, lower fixed...