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Baffinland takeover saga nearing an end

Wednesday January 26, 2011, 11:58am PDT

Canada.com reports that the Baffinland Mines (TSE:BIM) takeover may finally be settled.

The story is quoted as saying:

Joint bidders ArcelorMittal and Nunavut Iron Ore Acquisition Corp. assumed control of Toronto-based Baffinland Tuesday after taking up more than half its shares in their joint $590-million takeover bid

To access the full story, click here.

Tags: arcelormittal, Baffinland mines, Nunavut Iron ore, NYSE:AA, TSE:BIM


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