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0.00037707390648573 -0.000377073906485596 0.00037707390648573 -0.00217948717948706 -0.000791855203619806 -0.00527903469079928 -0.00565610859728501 -0.00414781297134236
Stock impact report

Cleveland-Cliffs Completes Acquisition of Stelco Holdings Inc. [Yahoo! Finance]

Cleveland-Cliffs Inc. (CLF) 
Last cleveland-cliffs inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Cleveland-Cliffs Inc. (" Cliffs ") has completed its previously announced acquisition of Stelco (the " Arrangement ") pursuant to a plan of arrangement involving the Company, Cliffs, and 13421422 Canada Inc. (the " Purchaser "), a wholly owned subsidiary of Cliffs. Alan Kestenbaum, Executive Chairman and Chief Executive Officer of Stelco, stated: "Over the past seven years, since the acquisition of the Company, we have worked tirelessly with all of our stakeholders – our customers, our suppliers, the United Steelworkers, all of our valued employees and investors who believed in us – to restore Stelco as a North American leader in the steel industry and an iconic Canadian company. I am extremely proud of our track record of identifying and executing on operational improvements and competitiveness, resulting in industry-leading Adjusted EBITDA Margins that enabled us to pay $1 billion in dividends while buying back over $1.2 billion of shares. This has been capped off by completing th Show less Read more
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