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What did Peabodys shareholders receive as a result of the spin-off of Patriot Coal?

April 26, 2017Coal Patriot Peabody Shareholders Spin-Off

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What did Peabodys shareholders receive as a result of the spin-off of Patriot Coal?

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Holders of Peabody stock received one share of Patriot Coal Corporation for every 10 shares of Peabody that they owned. The Patriot Coal Corporation shares were distributed after the close of business on October 31, 2007.