May 22, 2017 / 1:45 PM / 7 months ago

Arconic to end proxy contest with Elliott

May 22 (Reuters) - Specialty metals company Arconic Inc said it would allow Elliott Management Corp to nominate three members to the company’s board, ending a proxy contest with the activist investor.

Arconic would nominate two members, the company said on Monday. (Reporting by Arunima Banerjee in Bengaluru; Editing by Sriraj Kalluvila)

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