Cleveland-Cliffs Announces Results for Special Meeting Held on Oct. 3 (Business Wire)

Friday October 10, 2:10 pm ET Company Also Sets Record Date for Proposal to Merge with Alpha Natural Resources CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc (NYSE: CLF - News ), which will be renamed Cliffs Natural Resources in mid-October, today announced results for the special meeting of shareholders held on Oct. 3, 2008. The Company said that, based on the results provided by the independent Inspector of Elections, IVS Associates, Inc., its shareholders rejected Harbinger Capital Partners’ control share acquisition proposal. The proposal asked Cleveland-Cliffs shareholders to allow Harbinger to acquire more than one-fifth but less than one-third of Cleveland-Cliffs shares outstanding. According to the report provided by the Inspector, more than 78.9 million shares were represented in person or by proxy at the meeting,... [read full story]