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Tuesday, November 06, 2007
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Equity News
Nov 5 2007 9:06PM
Arcelor shareholders OK ArcelorMittal final merger

LUXEMBOURG, Nov 5 (Reuters) - Shareholders in Arcelor <CELR.PA> gave a last clearance on Monday for the merger of their company with ArcelorMittal, the world's largest steelmaker.

Investors attending a shareholder meeting in Luxembourg voted in favour of a series of resolutions needed to complete the deal.

Arcelor <CELR.PA> shareholders in June 2006 accepted a 26 billion euro ($37 billion) friendly offer from Mittal after an acrimonious takeover battle, but investors representing 6 percent of the stock decided not to tender their shares. ((Reporting by Julien Ponthus; Reuters Messaging: [email protected]; tel +32 2 287 6812, fax +32 2 230 7710; email: [email protected]))

($1=.6906 Euro)

Keywords: ARCELORMITTAL MERGER/APPROVAL SECOND

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