Casablanca steps up push for control of Cliffs

Jun 12, 2014 | 03:40 PM | Nat Rudarakanchana

Tags  Casablanca Capital, Cliffs Natural Resources, iron ore, proxy war, Okapi Partners, Nat Rudarakanchana

NEW YORK — Casablanca Capital LP has renewed its push to install a majority leadership at Cliffs Natural Resources Inc., rejecting the iron ore miner’s offer to cede two seats on its board of directors, also filing a proxy statement.

Cleveland-based Cliffs recently said it would nominate only nine directors to its 11-person board, effectively conceding two slots to Casablanca (amm.com, June 11).....





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