Court Grants Final Order to Stelco Approving Arrangement with Cleveland-Cliffs [Yahoo! Finance]
Cleveland-Cliffs Inc. (CLF)
Last cleveland-cliffs inc. earnings: 2/20 07:00 am
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Source: Yahoo! Finance
the " Company ") (TSX: STLC) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the " Arrangement ") pursuant to which 13421422 Canada Inc. (the " Purchaser "), a wholly-owned subsidiary of Cleveland-Cliffs Inc. (" Cliffs "), will acquire all of the issued and outstanding common shares of Stelco (the " Common Shares Subject to the satisfaction or waiver of the remaining conditions to closing contained in the arrangement agreement with Cliffs (the " Arrangement Agreement "), the Purchaser will acquire all of the issued and outstanding Common Shares for consideration per Common Share of C$60.00 in cash and 0.454 of a share of common stock of Cliffs. The Arrangement is expected to close in the fourth quarter of 2024. About Stelco Holdings Inc. Stelco is a low cost, integrated and independent steelmaker with one of the newest and most technologically advanced integrated steelma
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News
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- Cleveland-Cliffs Reiterates Commitment to Middletown Works Project [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Inc. (NYSE: CLF) had its price target lowered by analysts at Morgan Stanley from $15.00 to $13.50. They now have an "equal weight" rating on the stock.MarketBeat
- Biden administration gives Japanese steelmaker more time to make case for controversial deal [Yahoo! Finance]Yahoo! Finance
- Cleveland-Cliffs Inc. (NYSE: CLF) had its "equal weight" rating re-affirmed by analysts at Morgan Stanley. They now have a $15.00 price target on the stock.MarketBeat
CLF
Earnings
- 7/22/24 - Beat
CLF
Sec Filings
- 9/20/24 - Form SD
- 9/13/24 - Form 8-K
- 8/16/24 - Form 8-K
- CLF's page on the SEC website