Isn’t It Arconic, Don’t You Think? Like A Private Equity Bid After Your Spinoff

The WSJ is reporting that Arconic (ARNC) is nearing a deal with private equity firm Apollo Global Management (APO) to be taken private. While the exact deal value is unknown right now, estimates peg Arconic’s value at over $10b or between $21 and $22 per share. The price represents a modest premium to recent close, but the name… Read More »