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    iron investing

    Nunavut Raises Offer for Baffinland to $1.46 a Share to Top ArcelorMittal

    Investing News Network
    Jan. 03, 2011 08:13AM PST
    Base Metals Investing

    Bloomberg.com reports that Nunavut Iron Ore has raised its’ bid for Baffinland (TSE:BIM), to move past ArcelorMittal(NYSE:MT).

    Bloomberg.com reports that Nunavut Iron Ore has raised its’ bid for Baffinland (TSX:BIM), to move past ArcelorMittal(NYSE:MT).

    The story is quoted as saying:

    Nunavut, a venture formed in August to gain control of Toronto-based Baffinland, is seeking to buy 60 percent of the company. Nunavut “is continuing to assess its options beyond the increase,” Bruce Walter, Nunavut’s chairman, said in a Dec. 31 statement

    To access the full story, click here.

    iron investingtsx:bimnyse:mt
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