Monday, November 23, 2015 11:50:29 PM
AA ~ Elliott Management takes 6.4 percent stake in 'undervalued' Alcoa
Alcoa said in September it would break itself into two companies, separating its faster-growing plane and car parts business from its traditional smelting operations as shareholders seek higher returns amid a slump in commodity prices (separation of upstream and value-add businesses).
http://www.reuters.com/article/2015/11/23/us-alcoa-stake-elliott-idUSKBN0TC1I720151123
Alcoa said in September it would break itself into two companies, separating its faster-growing plane and car parts business from its traditional smelting operations as shareholders seek higher returns amid a slump in commodity prices (separation of upstream and value-add businesses).
http://www.reuters.com/article/2015/11/23/us-alcoa-stake-elliott-idUSKBN0TC1I720151123
My post is for my entertainment, do your own DD before pushing your
buy/sell buttons
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