Final Court Approval Granted for Consolidated Thompson Iron Mines Limited Arrangement With Cliffs

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.