Cliffs no merger desire

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Riskit01

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Cliffs no merger desire

posted on Jun 18, 2010 12:26PM

Just for curiostiy, is Cliffs desire to not have KWG and SPQ merge so that they can have KWG acting as their Canadian based representation.

At the present moment they may not have share control of KWG, but they may have enough influence to get KWG to manage their Canadian ROF properties.

That way if something goes wrong, Cliffs is not there to bail anyone out and KWG can take the falll without hurting Cliffs in the long run.