Industry Canada Approves Stelco Takeover

Commenting on the approval, John P. Surma, U. S. Steel Chairman and CEO, said, "We are pleased with this news, which confirms that the Minister of Industry is satisfied that U. S. Steel's acquisition of Stelco will be of net benefit to Canada. U. S. Steel brings the financial strength, operating experience and advanced research and technology capability that are critical for the continued success of the Stelco facilities. We look forward to realizing the benefits of combining our operations with those of Stelco and to building on the unique talents, commitment and expertise of Stelco's employees." http://www.newswire.ca/en/releases/archive/October2007/29/c9307.html

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