Reuters: Cleveland-Cliffs to buy Alpha Natural for $10 bln

[chris]

Cleveland-Cliffs to buy Alpha Natural for $10 bln
      

NEW YORK (Reuters) - Iron ore and coal miner Cleveland-Cliffs Inc  said on Wednesday that it would acquire Alpha Natural Resources Inc  for $10 billion in cash and stock, expanding its coal assets and positioning itself to capitalize on the boom in the global steel industry.
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