Alcoa (AA): There's Real Danger In That Recently-Closed RTI Acquisition

Alcoa: Happy Talk Aside, There’s Real Danger In That Recently-Closed RTI International Metals Acquisition by Probes Reporter Investors need to raise their skepticism regarding Alcoa’s Jul-2015 deal to acquire RTI International Metals. While we fully expect management to deliver a bunch of post-deal happy talk, you need to look deeper. In a letter of 08-Sep-2015, the SEC confirmed enforcement proceedings remain on-going at RTI International Metals. Studies show most acquisitions fail. Further, our earlier research suggests Alcoa brought quite the dog-with-fleas into the house with the RTI deal. In the balance of today’s report we re-post a report we wrote on…