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May 12 2011 nbsp 0183 32On May 12 2011 Cliffs Natural Resources Inc closed on its acquisition of Consolidated Thompson Iron Mines Cliffs financed the approximately C 4 9 billion including net debt transaction through committed financing including a C 1 25 billion term loan C 750 million in bridge financing and available cash on hand
Wisco also owns a 19 9 stake in Consolidated Thompson and a 25 holding in its Bloom Lake asset Adriana shares had risen to C 1 63 apiece before the halt giving the company a market