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Arconic Investor Sues In Chancery For Docs On $5.2B Sale

Law 360 M&A

A stockholder of metals producer Arconic Corp. sued it for access to records on the company's $5.2 billion sale to private equity giant Apollo Global Management ahead of a vote on the merger scheduled for Tuesday.

Equity 52
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Paul Weiss, Wachtell Build $5.2B Arconic Take-Private Deal

Law 360 M&A

Wachtell-advised aluminum sheet and plate provider Arconic Corp. said Thursday it will become a private company after agreeing to be bought by funds managed by Paul Weiss-led Apollo Global Management in an all-cash transaction that values the company at about $5.2

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Investor Cries Foul Over Stock Price In $5.2B Arconic Sale

Law 360 M&A

A shareholder of Arconic Corp. said in a lawsuit that the aluminum sheet and plate company's $5.2 billion takeover by private equity giant Apollo undervalued the company and was tainted by conflicts of interest.

Equity 40