Court grants final order to stelco approving arrangement with cleveland-cliffs

Toronto--(business wire)--stelco holdings inc. (“stelco” or 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 satis.
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