Photographer: Daniel Acker/Bloomberg

Alcoa Yields to Elliott With Manufacturing Boost to Boardroom

Updated on
  • Elliott nominees to join Alcoa board ahead of split-up
  • Singer-founded fund holds about 7.5% of Alcoa common stock

Alcoa Inc. is keeping Paul Singer on its side as it prepares to split into two in the midst of the lowest aluminum prices in six years. 

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