The name in Canadian steel since 1912, Dofasco has been a Hamilton heavyweight for 100 years. But in 2006, the world’s steel conglomerates came calling, and soon a bidding war for Dofasco broke out between Luxembourg-based Arcelor and its German rival, ThyssenKrupp AG. Arcelor, which later became ArcelorMittal after a merger of its own, won out, acquiring Dofasco in a deal worth more than $5.6 billion. Today, though its corporate governors sit across the Atlantic Ocean, Dofasco operates as a standalone subsidiary of ArcelorMittal.
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Is it important to own a house?
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- 77 %1. Yes, owning a home is an investment that will pay off.
- 2. No, I'd rather save my money and rent.
- 3. No, I can't afford to buy a home.
- 4. I don't know.
April 17 (Bloomberg) -- Weibo, the Chinese microblogging service owned by Sina Corp., rose as much as 8.8 percent in its trading debut after pricing it... More April 17 (Bloomberg) -- Weibo, the Chinese microblogging service owned by Sina Corp., rose as much as 8.8 percent in its trading debut after pricing its initial public offering at the low end of a marketed range. Olivia Sterns reports on Bloomberg Television's “Lunch Money.” (Source: Bloomberg)
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