Coal producer Armstrong Energy withdraws IPO

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Armstrong Energy, a producer and distributor of high sulfur thermal coal stationed in the midwestern US, withdrew its plans for an initial public offering on Thursday; it did not cite the reasons for its withdrawal. The St. Louis, MO-based company was founded in 2006 and initially filed for an IPO on October 12, 2011. Raymond James, FBR Capital Markets and Stifel were set to be the joint bookrunners on the deal.




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This article appears in: News Headlines , IPOs

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