Vectren Coal Mining Sale Moves Forward

Vectren Corporation moves forward with the sale of its coal mining company Vectren Fuels.
Vectren Corporation moves forward with the sale of its coal mining company, Vectren Fuels.

The deal is worth approximately $300 million and had to clear a required waiting period.

Evansville-based Vectren is selling the mines to Sunrise Coal out of Sullivan County, Indiana.

Officials say the deal is proceeding as planned and is expected to close this year.
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