Arconic shareholders approve acquisition by apollo funds

Pittsburgh--(business wire)--arconic corporation (nyse: arnc) (“arconic” or the “company”) announced today that its shareholders have voted at a special meeting of arconic shareholders (the "special meeting") to approve the company's pending acquisition by funds managed by affiliates of apollo (nyse: apo) including a minority investment from funds managed by affiliates of irenic capital management. under the terms of the merger agreement, arconic shareholders will receive $30.00 per share in ca.
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