Patriot Coal Seeking A Bidder?

There is chatter crossing the desks of traders that Patriot Coal PCX has hired investment bank JPMorgan JPM to help with selling ACI to either Peabody Energy BTU or CONSOL Energy CNX. Patriot Coal is trading up 1.44% and has a market cap of $1.34 billion. This is basically just chatter so stay skeptical until anything materializes.