Cliffs Natural Resources Buys Consolidated Thompson

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In the second quarter of 2011, US-based Cliffs Natural Resources pulled off a blockbuster deal by purchasing Consolidated Thompson for $4.6 billion i...

In the second quarter of 2011, US-based Cliffs Natural Resources pulled off a blockbuster deal by purchasing Consolidated Thompson for $4.6 billion in cash. The deal gave the company a total of 10 iron ore facilities, six coal mines and a chrome project in North and South America and Australia.