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Consol Thompson Iron Min (CLM) |


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WIKI ANALYSIS| This company has recently been acquired or received a credible acquisition offer. |
Montreal based Consolidated Thompson Iron Mines agreed to a $4.9 billion takeover by Cliffs Natural Resources of Cleveland, Ohio. For Cliffs Natural Resources the deal saves the companies upwards of US$75 million in pre tax operating expenses (many port and loading facilities are situated near Thompson's). Cliffs also owns 2 iron ore mining complexes in Australia, and 6 coal mines and six iron ore mines in North America.[1]
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