The M & A Researcher submits: Cleveland-Cliffs Inc (CLF) shareholders rejected Harbinger Capital's control share acquisition on October 3, 2008. A CLF press releases states the following:
[B]ased on the preliminary count provided by its proxy solicitor, it appears that approximately 80% of shares voted by holders other than Harbinger Capital Partners, its equity-swap counter parties or other 'interested' shareholders voted AGAINST the proposed control share acquisition at today's special meeting.
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