Thursday, June 14, 2007

Cleveland-Cliffs to buy metallurgical coal producer

(Reuters) - The Cleveland-based company said the deal will have minimal earnings impact in 2007 and will add about $300 million to full-year revenue.




Cleveland-Cliffs said the deal is expected to increase 2008 revenue by about $400 million and add about $100 million in EBITDA.


Read more at Reuters.com Mergers News

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