Cleveland Cliffs Inc (CLF)

[KennyPro]

CLEVELAND, March 10, 2017 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) is pleased to announce that its previously announced tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash certain series of senior notes listed in the table below (collectively, the "Securities") have been oversubscribed.

Cliffs also announced that it has increased the Maximum Payment Amount from up to $250.0 million in aggregate purchase price to up to $500.0 million in aggregate purchase price and has extended the Expiration Time for the Tender Offers from midnight, New York City time, at the end of the day on March 9, 2017, to midnight, New York City time, at the end of the day on March 23, 2017, unless further extended or terminated by the Company.

I think if one has a long term outlook on investments this company is very ripe for accumulating right now...