Upheld 220-million dollars verdict against Massey may be worth 6 dollars/share to Esmark

摘要

If Massey Energy is unsuccessful in its final appeal of a 220 million dollars judgment against it, the winner of the breach-ofcontract case could collect as much as 6 dollars/share for its parent company's shareholders when interest is figured in. With interest, Wheeling-Pittsburgh Steel stands to collect 270 million dollars, according to Bill Keegan, a spokesman for Esmark, which could amount to 6 dollars/share for Esmark shareholders.