Cleveland Cliffs to acquire AK Steel in all-share deal worth US$1.1B

/ AK Steel, Cleveland Cliffs, Financial Matters, M&A, M&A, News / By Trish Saywell

U.S. iron ore producer Cleveland Cliffs (NYSE: CLF) is acquiring AK Steel (NYSE: AKS) in an all-share transaction valued at about US$1.1 billion. Cliffs, North…