Arcelor aims to decide on new Dofasco offer by end of year

Dec 16, 2005 | 10:59 AM |

Executives of steelmaker Arcelor SA plan to decide by the end of the year whether to make a second hostile offer for Canadian steel producer Dofasco Inc.

Arcelor's management board presented an analysis of the Dofasco situation to the company's board of directors Thursday, a spokesman said. "The board of directors has asked Guy Dollé (Arcelor's chief executive officer) and his team to refine the analysis on one or....

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