Replies to post #14300 on The Rising Influence of Rising Affluence

[DewDiligence]

Elliott seeks regime change at ARNC (the old Alcoa minus the mining operations), which could trigger a $500M payment:

https://www.wsj.com/articles/arconic-says-elliott-board-win-could-trigger-500-million-poison-put-payment-1492102654

In a regulatory filing late Wednesday, the aerospace and automotive parts maker said the election of the Elliott-backed directors could count as a “change-in-control,” which would require the company to pay down $500 million it owes to a trust that holds deferred compensation and retirement benefits.