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cintrix

12/03/19 8:52 AM

#310306 RE: griff100 #310305

Is it a good deal? I still have long term shares - should I sell them before the takeover? Do you own any?

cintrix

12/03/19 8:54 AM

#310307 RE: griff100 #310305

I guess it is decent: . AK Steel (ticker: AKS) shareholders will receive 0.4 shares of Cleveland-Cliffs (CLF) for each AK share held. That works out to about $3.36 per AK share, a 16% premium over the $2.89, based on Monday closing prices.