Us Cliffs Natural Resources Extends Bid for Spider, Owns 81.8%

Summary


MANAVIGATOR-July 19, 2010-US Cliffs Natural Resources extends bid for Spider, owns 81.8% (C)2010 M2 COMMUNICATIONS http://www.m2.com

US miner Cliffs Natural Resources (NYSE:CLF) said on Monday it had extended to 26 July its CAD0.19 (USD0.18/EUR0.14) per share offer for Canadian mineral exploration firm Spider (CVE:SPQ) after securing 81.8% by 16 July.

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Us Cliffs Natural Resources Extends Bid for Spider, Owns 81.8%

The price per share, valuing Spider at C...

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