13G: SAC Capital Increases Walter Energy Stake

SAC Capital Advisors disclosed a 5.0% ownership stake in the total outstanding common shares of Walter Energy (NYSE:WLT). Walter Energy is the world’s leading, publicly traded “pure-play” metallurgical coal producer for the global steel industry with strategic access to high-growth steel markets in Asia, South America and Europe. The Company also produces thermal coal, anthracite, metallurgical coke and coal bed methane gas. Walter Energy employs approximately 4,400 employees and contractors with operations in the United States, Canada and United Kingdom.

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