Firth Rixson Acquired for $2.85 Billion

Aluminum giant Alcoa (AA) agreed Thursday to buy British aerospace-components maker Firth Rixson Ltd, a global leader in aerospace jet engine components, in a cash and stock deal valued at $2.85 billion. Alcoa will pay $2.35 billion in cash and $500 million in stock for Firth Rixson, which is owned by US-based private-equity firm Oak […] View the full post at: Firth Rixson Acquired for $2.85 Billion Related posts: Warrant Sales Could Cost Government $10 Billion CIT Goes Bankrupt: American Taxpayers Likely to Lose $2.3 Billion Honeywell Braces for Recession