Paul Singer is taking the attack on his latest target to the next level
Paul Singer's Elliott Management is getting aggressive.
Earlier this year, the $28 billion activist hedge fund wanted to replace Arconic's chairman, Klaus Kleinfeld, and nominate five board members.
Arconic was spun out of Alcoa and focuses on manufacturing aerospace components. Elliott is the company's biggest shareholder.
"As we noted in our letter to Arconic’s Board earlier this week, shareholder support for change at Arconic has been overwhelming," an
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