HC2 Holdings Enters into Definitive Agreement to Sell Continental Insurance Business to an Affiliate of Michael Gorzynski for $90 Million
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Alpha Metallurgical Resources : Announces Fourth Quarter 2020 Results
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Alpha Announces Fourth Quarter 2020 Results
- Reports net loss from continuing operations of $55 million for the fourth quarter 2020
- Posts Adjusted EBITDA(1) of $7 million for the fourth quarter 2020
- Continues strong cost management across all operating segments
- Closes transaction divesting Cumberland Mine, furthering strategic repositioning towards a pure metallurgical coal producer
- Completes name change to Alpha Metallurgical Resources, Inc.
- Appoints new board members to diversify and enhance corporate governance
- Reiterates 2021 operating guidance
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BRISTOL, Tenn., March 15, 2021 /PRNewswire/ Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today reported results for the fourth quarter ending December 31, 2020.