Jim Cramer says shareholders should oppose management in the boardroom battle at Arconic (ARNC) and instead vote for a slate of candidates put forward by activist firm Elliott Management. He also says investors should vote down a proposed $38.5 billion takeover bid from Qualcomm (QCOM) for NXP Semiconductors (NXPI) because it's too low.

This was part of Jim's monthly conference call exclusively with members of Action Alerts Plus.

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