Consolidated shareholders approve $5bn Cliffs deal

摘要

Shareholders of Consolidated Thompson Iron Mines have approved a plan for that companyto be acquired by US miner Cliffs Natural Resources, Steel Business Briefing learns.At a shareholder meeting about 76% of shareholders were represented and of these, 97%voted for the plan; they will receive C$17.25 (US$17.62) per share, according to a statementfrom Cliffs.