News Releases

Baker Botts Represents Financial Advisor to the Conflicts Committee in CONSOL Energy Inc.'s $34.4 million stock-for-unit acquisition of CONSOL Coal Resources LP

Release

Deal Description: CONSOL Coal Resources LP (NYSE: CCR) and CONSOL Energy Inc. (NYSE: CEIX) today announced the execution of a definitive merger agreement pursuant to which CEIX will acquire all of the publicly held CCR common units in an all-stock transaction valued at approximately $34.4 million, based on the most recent closing price of shares of CEIX common stock.

Counsel to the Intrepid Partners, LLC, Financial Advisor to the Conflicts Committee: Baker Botts L.L.P.

Value: $34.4 million

Baker Botts Lawyers/Office Involved:

Corporate: Josh Davidson (Partner; Houston); Jude Dworaczyk (Associate; Houston)

For more information, please see the news release by clicking here.

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