UK-based Universal Coal says TerraCom's buyout offer undervalues it
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(Reuters) - Coal miner Universal Coal Plc said on Thursday that an announced buyout offer from peer TerraCom Ltd would "significantly undervalue" it.TerraCom on Monday offered to buy the remaining shares of UK-based Universal Coal, which it does not already own, in a deal that valued the Australia-listed company at about A$175 million (90.8 million pounds).The company has not made a formal offer and not published an offer document yet, Universal said in a statement.TerraCom, through its unit..