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Alpha Appoints Three New Directors, Reaches Agreement with MG Capital on Board Composition
February 2, 2021 GMT
(PRNewsfoto/Alpha Metallurgical Resources, Inc.)
BRISTOL, Tenn., Feb. 2, 2021 /PRNewswire/ Alpha Metallurgical Resources, Inc. (NYSE: AMR) (“Alpha” or the “Company”), a leading U.S. supplier of metallurgical products for the steel industry, today announced that it has reached agreement with MG Capital Management, Ltd. (together with its affiliates, “MG Capital”), a holder of approximately 5.8% of Alpha’s outstanding common stock, on steps to accelerate the refreshment of the Company’s Board of Directors (the “Board”).