Alcoa Inc. will buy Cordant Technologies in $2.9 billion cash deal
Pittsburgh-based Alcoa Inc. has agreed to buy Cordant Technologies Inc. in a deal worth about $2.9 billion, including the cash purchase of Cordant shares at $57 a share, and assumption of $685 million in Cordant debt. Both companies' boards of directors have approved the deal, which calls for Alcoa...
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