---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-204027"
form_type: "8-K"
ticker: "CNR"
cik: "0001710366"
company_name: "Core Natural Resources, Inc."
filed_at: "2024-08-21T23:59:59+00:00"
generated_at: "2026-05-31T08:16:20.902547+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# CONSOL and Arch combine in all-stock merger of equals; renamed Core Natural Resources

## Summary
- Exchange ratio: 1.326 CONSOL shares per Arch share; pro forma market cap ~$5.2B (Aug 19, 2024).
- Annual cost and operational synergies expected $110-140M; combined 2023 revenue ~$5.7B.
- James Brock (CONSOL CEO) becomes Executive Chair; Paul Lang (Arch CEO) becomes CEO of combined company.
- Dividend of $0.25/share declared, payable Sept 13, 2024 to holders of record Aug 30, 2024.
- Combined company holds 11 mines, ~25 Mtpa export capacity via East Coast terminals.

## SEC filing metadata
- accession: 0001193125-24-204027
- form_type: 8-K
- ticker: CNR
- cik: 0001710366
- company_name: Core Natural Resources, Inc.
- filed_at: 2024-08-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1710366/000119312524204027/0001193125-24-204027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1710366/000119312524204027/d870544d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-204027
- JSON: https://secwatch.observer/filing/0001193125-24-204027.json
- Plain text: https://secwatch.observer/filing/0001193125-24-204027.txt

## Key facts
- Executive change
  James A. Brock was appointed as Executive Chair at Core Natural Resources, Inc..
  - Action: appointed
  - Role: Executive Chair
  source text: the Brock Agreement will be deemed amended to reflect Mr. Brock's new role as Executive Chair
  evidence_url: https://www.sec.gov/Archives/edgar/data/1710366/000119312524204027/0001193125-24-204027-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.