Contura Energy Inc., ANR Inc. and Alpha Natural Resources Holdings Inc. announced that common stockholders of both Alpha Natural Resources Holdings and ANR voted to approve the merger with Contura Energy. The deal is expected to close on Friday, November 9.

“We are gratified that our shareholders have approved the proposed transaction and that we have taken another step toward creating the largest domestic metallurgical coal producer,” said David Stetson, Alpha’s chairman and chief executive officer. “We are excited to complete the merger and join together these two strong companies in the very near future.”

About 99.9% of all votes cast by ANR stockholders and Alpha Natural Resources Holdings (Holdings) stockholders were in favor of the proposed transaction, representing approximately 87.6% and 77.5% of the outstanding voting power of ANR and Holdings, respectively, the companies said.

“This overwhelming approval by Alpha’s voting stockholders clearly recognizes the significant value potential that the proposed transaction holds for all stakeholders of the combined company,” said Kevin Crutchfield, chief executive officer of Contura Energy. “We are motivated by this vote of confidence to deliver on that potential and look forward to the transaction closing in the coming days.”

Under the terms of the agreement, Alpha stockholders will receive 0.4417 Contura common shares for each ANR Inc. Class C-1 share and each share of common stock of Alpha Natural Resources Holdings Inc. they own, representing approximately 48.5% ownership in the merged entity. Prior to the closing of the transaction, Alpha stockholders will also receive a special cash dividend in an amount equal to $2.725 for each Class C-1 share and each share of common stock of Alpha Natural Resources Holdings Inc. they own.