News & Events
CLEVELAND & WEST CHESTER, Ohio — Cleveland-Cliffs Inc. (NYSE: CLF) and AK Steel Holding Corporation (NYSE: AKS) are pleased to announce that they have entered into a definitive merger agreement pursuant to which Cliffs will acquire all of the issued and outstanding shares of AK Steel common stock. Lourenco Goncalves, Chairman of the Board, President and CEO of Cliffs, will lead the expanded organization.
Under the terms of the merger agreement, AK Steel shareholders will receive 0.40 shares of Cliffs common stock for each outstanding share of AK Steel common stock they own. Upon completion of the transaction, Cliffs shareholders will own approximately 68% and AK Steel shareholders will own approximately 32% of the combined company, respectively, on a fully diluted basis.
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Chamber of Commerce
Dear Prospective Parade Participant:
The Christmas season is rapidly approaching, and the Ashland Alliance’s Winter Wonderland of Lights parade will take place on Tuesday, November 26 in downtown Ashland. The theme for this year’s WWOL’s parade is “Candy Cane Christmas”.
Judging criteria for the float competition: is “Best Overall”, “Best Theme” and “Runner-up”. There will be prizes of two $500 awards and a $300 award for runner-up. The parade will also feature a band competition, with the winning band leading next year’s parade.
Please find the Application Form and the Rules and Regulations, as set forth by WWOL and the Ashland Police Department. When you sign the Application Form, your signature signifies you have read and will abide by the rules for the parade. I will send you a staging area map with your participation confirmation letter.
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December 6, 2019
WEEK IN REVIEW
Hello from the desk of the Alliance. It has been a fun week to work for the Ashland Alliance. We are coming off some of the biggest and best events of the year with Business After Hours at the Festival of Trees and Trains sponsored by Desco Federal Credit Union and just last night Bellefonte Centre, Our Lady of Bellefonte Hospital & Our Lady of Bellefonte Foundation hosted the largest Business After Hours of the year. I hope all of you that attended had half as much fun as I did. Our Young Professionals gathered food supplies for local food banks last night as well. It was a great night to be a part of the Alliance.
Tomorrow morning at 9 am is the Winter Wonderland of Lights Breakfast with Santa at the Round House in Central Park. It's always wonderful to see families come out to spend time with Santa, hear holiday music and have a nice breakfast. Just one example of how the community celebrates the holidays and places the focus on family.
We also are operating the Santa House in Central Park on Friday, Saturday, and Sunday evening from 6-9 pm. This is a great opportunity for your business to get into the holiday spirit and help! We are looking for volunteers to help staff the Log House on the weekends from now to Christmas. This is a wonderful chance to give back as an individual or business. Last weekend over 200 children shared with Santa what they wanted for Christmas.
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