- American City Business Journals•2 days ago
The Routt County treasurer’s office on Thursday returned Peabody Energy Corp.’s two checks intended to pay for nearly $1.8 million in back taxes because the total was short by nearly $92,000 in interest and fees. The tax payments were due June 15, Routt County Treasurer Brita Horn said in an interview with the Denver Business Journal. Peabody’s Aug. 17 letter to Horn, which accompanied its payment, said the money was only intended to cover the taxes it owes the county — not the interest and fees associated with late payment.
- Reuters•7 days ago
Under the agreements, Wyoming can receive $127 million in cash if Peabody walks away from its mine cleanup obligations in the state while in bankruptcy, while New Mexico would receive $32 million and Indiana would get $17 million. Peabody's agreements with Wyoming, New Mexico and Indiana are similar to deals reached by bankrupt coal miners Arch Coal and Alpha Natural Resources on self-bonds in Wyoming and West Virginia.
Peabody Energy Corporation Comm (BTU)
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