Investment idea generation.

Blog

Our thoughts.

Alcoa: Elliott Associates Activist

Paul Singer's Elliott Management has a 5.1% stake in Alcoa (NYSE: AA) per an SEC filing today.

It's supporting the company's decision to split into two, but takes issue with management's ability to deliver margin improvement of around 700 basis points.

Elliot is also pushing Alcoa to sell its power generation unit.


BWI