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Why Alcoa (NYSE: AA) Is Buying In to Aerospace in $2.85 Billion Deal
Hot stocks today: Alcoa Inc. (NYSE: AA) announced today (Thursday) it is buying UK jet engine parts maker Firth Rixson Ltd in a $2.85 billion deal. Alcoa wants to build out its aerospace business and cash in on expected growth in the commercial jet market.
Hot stocks today: Alcoa Inc. (NYSE: AA) announced today (Thursday) it is buying UK jet engine parts maker Firth Rixson Ltd in a $2.85 billion deal. Alcoa wants to build out its aerospace business and cash in on expected growth in the commercial jet market.