|
|
Article: Cleveland-Cliffs acquires coal supplier in $10 billion deal.
- Article from:
- Duluth News-Tribune (Duluth, MN)
- Article date:
- July 17, 2008
CopyrightCOPYRIGHT 2008 Duluth News-Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Peter Passi
Jul. 17--Cleveland-Cliffs Inc. announced Wednesday morning its plans to acquire Alpha Natural Resources Inc. in a cash and stock deal valued at approximately $10 billion. The largest producer of iron ore pellets in North America, Cleveland-Cliffs operates three mines on the Iron Range -- Northshore Mining Co., United Taconite Co. and Hibbing Taconite Co. Its purchase of Alpha, based in Abingdon, Va., will make Cleveland-Cliffs one of the largest suppliers of Appalachian coal to the steel industry, as well. Maureen Talarico, Cleveland-Cliffs' district manager of public affairs, said the pending acquisition should have no significant ...
Related newspaper, magazine, and journal articles:
|
|
Article: Alpha Natural Resources Names ...
PR Newswire;
October 26, 2006 ;
700+ words
... ... directors of Alpha Natural Resources, Inc. , a leading ... producer, appointed Cleveland-Cliffs, Inc. Chairman ... Under his leadership, Cleveland-Cliffs undertook ... Brinzo retired from Cleveland-Cliffs as its CEO ... Committee. About Alpha Natural Resources Alpha Natural ...
|
|