Richmond, Virginia-based coal producer Massey Energy Company announced Monday that it plans to meet next week to discuss selling the company. Alpha Natural Resources, as well as ArcelorMittal have expressed an interest in purchasing the company.
Board members at Massey's November 21-November 23 regular scheduled meeting will discuss whether or not the company should formally put itself up for sale. Massey has a market value of approximately $4.9 billion, but has yet to receive an offer it considers "appropriate" enough to sell the company.