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ARCONIC CORP. $29 is a hold. This company (New York symbol ARNC; Manufacturing & Industry sector; Shares outstanding: 105.8 million; Market cap: $3.1 billion; No dividend paid; Takeover Target Rating: Highest; makes rolled aluminum products. On April 1, 2020, the old Arconic Inc. split into two companies: Howmet Aerospace Inc. (New York symbol HWM), a maker of industrial parts, and Arconic Corp. As a result, each old share automatically converted to one share of Howmet; shareholders also received one share of Arconic Corp. for every four shares of Arconic Inc. they held. Arconic has now accepted a friendly, all-cash takeover offer of $30.00 a share from private equity firm Apollo Global Management Inc. (New York symbol APO). If shareholders and regulators approve, Apollo expects to complete the purchase in the second half of 2023. Arconic’s shareholders should tender to the Apollo offer. Note, however, that even if you do tender, you will still get any higher offer later made for Arconic’s shares. 3M COMPANY $100 is a..