Final Court Approval Granted for Consolidated Thompson Iron Mines Limited Arrangement With Cliffs
Mar. 02, 2011 07:45AM PST
Base Metals Investing Consolidated Thompson Iron Mines (TSE:CLM) announced court approval for Cliffs Natural Resources (NYSE:CLF) to acquire all of CLM’s outstanding common shares.
Consolidated Thompson Iron Mines (TSX:CLM) announced court approval for Cliffs Natural Resources (NYSE:CLF) to acquire all of CLM’s outstanding common shares.
The press release is quoted as saying:
While certain other regulatory approvals are pending, on February 28, 2011, the Canadian Competition Bureau issued a “no-action” letter, which constitutes clearance under the Competition Act pursuant to the terms of the Arrangement.
To read the full press release, click here.