Cleveland-Cliffs Inc (LTS:0I0H)
$ 13.545 0.475 (3.63%) Market Cap: 6.40 Bil Enterprise Value: 9.80 Bil PE Ratio: 184.73 PB Ratio: 0.90 GF Score: 79/100

AK Steel Holding Corporation, Cleveland-Cliffs Inc. - M&A Call Transcript

Dec 03, 2019 / 01:30PM GMT
Release Date Price: $7.31 (-9.98%)
Operator

Good morning, ladies and gentlemen. My name is Jack, and I am your conference facilitator today. I'd like to welcome everyone to Cleveland-Cliffs Conference Call to discuss its announcement of its entry into an agreement to acquire AK Steel. (Operator Instructions) The companies remind you that certain comments made on today's call will include predictive statements that are intended to be made as forward-looking within the safe harbor protections of the Private Securities Litigation Reform Act of 1995. Although the companies believe that its forward-looking statements are based on reasonable assumptions, such statements are subjects to risks and uncertainties that could cause actual results to differ materially. Important factors that could cause results to differ materially are set forth in each company's reports on Forms 10-K and Forms 10-Q and news releases, including the news releases announcing the acquisition, which is available on each company's website.

Today's conference call is also available and being broadcast at clevelandcliffs.com and aksteel.com, where additional materials related

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