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The California State Teachers’ Retirement System and two other institutional investors claim the April 5, 2010, explosion that killed 29 miners at Massey’s Upper Big Branch mine and other actions damaged the company’s value. They claim the deal harms shareholders while benefiting executives responsible for the explosion and fear the combination will harm their ability to pursue claims against current and former Massey directors and officers named as defendants along with the company.

From wire dispatches and staff reports