Replies to post #8088 on The Rising Influence of Rising Affluence

[DewDiligence]

Capital World Investors has a 10.9% stake in CLF, according to a 13G filing today:

http://www.sec.gov/Archives/edgar/data/764065/000142284914000165/edgclf.txt

Does CWI support Casablanca in the looming proxy fight? One would think so; however, the fact that CWI filed on Form 13G rather than Form 13D (used by activist shareholders) makes the answer unclear.

[DewDiligence]

CLF issues 26-page slide set for ammunition in the upcoming proxy fight:

http://www.sec.gov/Archives/edgar/data/764065/000076406514000024/a20140221-defa14a.htm

[DewDiligence]

CLF—Casablanca’s latest slide set in support of its proxy fight:

http://www.sec.gov/Archives/edgar/data/764065/000093041314001147/c76768_ex99-4.htm

Casbablanca rejected CLF’s compromise offer and intends to nominate six directors at CLF’s annual meeting to effectively take control of the company. CLF has postponed the annual meeting from May 13 to an unspecified date.