Arconic (ARNC) Board of Directors Approves Separation of Company
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Arconic Inc. Board of Directors Approves Separation of Company
February 6, 2020 7:17 AM ESTSeparation Date to be April 1, 2020
Announces Distribution Ratio of Arconic Corporation Common Stock
PITTSBURGH--(BUSINESS WIRE)-- Arconic Inc. (NYSE: ARNC) announced today that its Board of Directors has approved the completion of the Companys separation into two independent, publicly traded companies. The separation is scheduled to become effective on April 1, 2020 before the opening of the New York Stock Exchange.
The Engineered Products and Forgings businesses (engine products, fastening systems, engineered structures and forged wheels) will remain in the existing... More
