Cleveland-cliffs receives canadian competition bureau clearance for the acquisition of stelco

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) (“cliffs”) today announced that it has received a "no-action letter" from the canadian competition bureau confirming that the commissioner of competition does not intend to challenge cliffs' pending acquisition of stelco holdings inc. (“stelco”). cliffs remains on track to close the transaction this quarter. lourenco goncalves, cliffs' chairman, president and ceo, said, “we have achieved three important milestones this week toward cl.
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