ArcelorMittal again gets nod from Canadian company for takeover

ArcelorMittalBacking ArcelorMittal once again, Toronto-based Baffinland Iron Mines Corporation has asked its shareholders to reject the higher offer by rival Nunavat Iron Ore Acquisition Inc and opt for the world’s biggest steel company. Nunavat made its offer of $1.45 a share at the weakend against ArcelorMittal’s $1.40 a share for the Toronto company. ArcelorMittal made