1. Elliott releases private letters after Arconic CEO's departure

    Elliott releases private letters after Arconic CEO's departure

    REUTERS: Activist hedge fund Elliott Management released the private letter written by Arconic Inc's former chief executive, Klaus Kleinfeld, which consequently led to his resignation, and their response to the letter and Arconic's statement on April 17. Elliott said late on Wednesday that Arconic had created a "public frenzy" for further information and that it had no choice but to make the letter and their response public.

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