Cleveland-cliffs inc. completes acquisition of arcelormittal usa

Cleveland--(business wire)--cleveland-cliffs inc. (nyse: clf) today announced that it has successfully completed the acquisition of substantially all of the operations of arcelormittal usa llc and its subsidiaries (“arcelormittal usa”), forming the largest flat-rolled steel producer in north america. on a full-year 2019 basis, the combined company generated pro-forma revenues of approximately $17 billion and combined adjusted ebitda of approximately $1.7 billion, including previously disclosed
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