SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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|Item 8.01||Other Events.|
On October 23, 2019, Arch Coal Operations LLC, a wholly owned subsidiary of Arch Coal, Inc. (the “Company”), entered into a definitive agreement to sell its Coal-Mac thermal surface mine in West Virginia for a total purchase price of $10 million – of which $2.5 million will be paid at closing – as part of the Company’s continuing strategy of sharpening its focus on its core coking coal business. The Company expects the transaction to close in the fourth quarter of 2019, subject to customary closing conditions. The transaction is not expected to have a material impact on Arch’s 2020 financial results.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: October 28, 2019||Arch Coal, Inc.|
|By:||/s/ Robert G. Jones|
|Robert G. Jones|
|Senior Vice President – Law, General Counsel and Secretary|