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Stelco has announced shareholder approval for its acquisition by Cleveland-Cliffs. The acquisition was confirmed following a shareholder meeting held today. Stocks for both companies, Cleveland-Cliffs ($CLF) and Stelco ($STLC), were affected by the announcement. The arrangement for the acquisition was also approved.
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Cleveland-Cliffs announces acquisition of Stelco following shareholder approval at today's meeting. Stocks for both companies affected ($CLF, $STLC). $NDX