After Failed Sale, Arconic Plans Spinoff, But Not Quite Sure Of What It Will Spin Off
Last month, Arconic(ARNC) announced suddenly that it had failed to find a buyer willing to pay enough for the whole company and was ending the sale process. Now, it is trying a different approach, announcing that it plans to spin off one of two businesses: Engineered Products & Forgings or Global Rolled Products. It will also attempt to sell… Read More »