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Paul Singer's fund gets to install three dissident nominees onto the aerospace part maker's board, including one on a CEO search committee. The deal is a win for the activist.
Advisory firm Institutional Shareholder Services urged shareholders to vote for two of four dissident directors nominated by Elliott Management's Paul Singer in a contest set for May 25
Shareholder advisory firm Glass Lewis urged shareholders to vote for all four dissident directors nominated by Elliott Management's Paul Singer in a contest set for May 25
The fund raised concerns about a corporate transaction it alleges suggests Arconic (ARNC) traded corporate assets for votes