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North Shore-based aerospace parts maker Arconic finalized its acquisition by private-equity firm Apollo Global Management, Inc. The $5.2 billion deal, which will take the company private, was announced in May. Arconic will continue to operate under its name and brand. “The closing of this transaction with Apollo Funds brings new
North Shore-based aerospace parts maker Arconic is being purchased by private-equity firm Apollo Global Management Inc., the company announced Thursday. The cash transaction values Arconic at an enterprise value of about $5.2 billion, according to a press release from the company. Under the agreement, Arconic shareholders will receive $30 per
Arconic Corp, the North Shore-based aerospace-parts maker with roots in the Allegheny Valley, is in talks about a potential acquisition. The Wall Street Journal reported that private-equity firm Apollo Global Management Inc. is looking into buying Arconic Corp. Apollo submitted a bid in February and has debt financing in place.
New technologies and equipment will allow Valley High School students to visit places unreachable in the classroom, while Burrell High School students will use them to create products. New Kensington-Arnold will transform its high school’s planetarium into a Think Tank, while Burrell’s “Bucconomics” program will see seniors undertake an economics-based