CONS THOMPSON IRON M

die Übernahme scheint "gegessen" zu sein. Somit ist m.M.n. auch nicht mehr mit grossen Kurssteigerungen zu rechnen. Infogledessen habe ich meine Anteile verkauft und mache mich nun auf die Suche nach der nächsten CLM. Weiterhin viel Erfolg @ all.

"Consolidated Thompson Says Court Approves Arrangement With Cliffs Consolidated Thompson Iron Mines Ltd. (CLM.TO: News ) said it received a final order of the Superior Court of Quebec under the Canada Business Corporations Act approving the plan of arrangement pursuant to which Cliffs Natural Resources Inc. would buy all the outstanding common shares of CLM. While certain other regulatory approvals are pending, on February 28, 2011, the Canadian Competition Bureau issued a "no-action" letter, which constitutes clearance under the Competition Act pursuant to the terms of the Arrangement. Under the Arrangement, the company's shareholders would receive $17.25 in cash for each outstanding CLM common share. " http://www.rttnews.com/Content/QuickFacts.aspx?Node=B1&Id=1565550

"Cliffs Natural Resources' Big Deal NEW YORK (Trefis) -- Cliffs Natural Resources(CLF_) is an international mining and natural resources company. It is the largest producer of iron ore pellets in North America and a major supplier of direct-shipping lump and fines iron ore out of Australia. It is also a significant producer of metallurgical coal. Competitors include Vale(VALE_), BHP Billiton(BBL_) and the Rio Tinto group. ... Consolidated Thompson operates the Canadian Bloom Lake mine, which commenced iron ore concentrates production in May 2010, and has an initial production capacity of 8 million tons. This capacity is expected to be upgraded to 16 million tons in late 2012. Besides boosting Cliffs' production capacity, the acquisition adds about $75 million in operational synergies for Cliffs. But most importantly, the deal also helps the North American Iron Ore division cater to the rising iron ore demand in Asia -- most particularly in China. ... The acquisition of Consolidated Thompson is in-line with Cliffs strategy to diversify its geographical presence. Almost all its sale of iron ore in China is currently through its Asia Pacific Iron Ore Division, which has a limited supply capacity of 9 million metric tonnes of iron ore. The added capacity would allow Cliffs to garner a bigger share of the seaborne iron ore trade with Asia. ..." http://www.thestreet.com/story/10997788/1/cliffs-natural-resources-big-deal.html#

"Cliffs Acquisition Aimed at Growth, Foothold in Asia Cliffs Natural Resources ( CLF ) is an international mining and natural resources company. It is the largest producer of iron ore pellets in North America and a major supplier of direct-shipping lump and fines iron ore out of Australia. It is also a significant producer of metallurgical coal. Competitors include Vale ( VALE ), BHP Billiton ( BBL ) and the Rio Tinto group. Recently, Cliffs announced its intention to acquire Canadian rival Consolidated Thompson Iron Mines Ltd in a $4.9 billion all-cash deal. This deal will consolidate Cliffs position as North America's largest producer of iron ore pellets with an added capacity of 8 million tons. ... … and Consolidated Thompson will make it bigger Consolidated Thompson operates the Canadian Bloom Lake mine, which commenced iron ore concentrates production in May 2010, and has an initial production capacity of 8 million tons. This capacity is expected to be upgraded to 16 million tons in late 2012. ..." http://community.nasdaq.com/News/2011-02/cliffs-acquisition-aimed-at-growth-foothold-in-asia.aspx?storyid=55972