I have been reading a few more articles regarding Elliott Management's involvement in ALU.  The one published by The Street includes information as to how Elliott Management has been involved in several past and current acquisition deals.  Interesting.

Elliott Management like many other activists are vultures who take advantage of these situations where the deal is perceived to be benefiting the acquirer in a pronounced fashion.  I am not complaining, just calling the kettle and the pot black. 

The bottom line is that its involvement may bring something positive for ALU shareholders, and if NOK is keen on doing this deal as quickly as possible, it may just pony up a bit more money.

NOK is getting a good deal, I am of the opinion that sweetening the deal to 0.6 to 0.65 NOK shares for each ALU share may not be a stretch 

From The Street's article:

 

"Elliott is now a regular in high-profile European deals. The hedge fund is suing Kabel Deutschland Holding AG, a German cable company bought by Newbury Park, England-based Vodafone Group in October 2013 for €7.7 billion. Elliott claims Kabel's board acted improperly by agreeing to Vodafone's €84.53 per-share proposal even though its own audit said the company was worth €104 per share.

The New York investor bought 13.5% of Kabel after Vodafone began its overtures.

Elliott has made similar moves in other German deals to line its pockets. Two years ago it prevented San Francisco health care giant McKesson from buying and delisting German drug distributor Celesio AG. McKesson this year was able to buy a majority of Celesio, but only after reaching an agreement with Elliott, which remains invested.

And it's also active in Asia. The investor is suing to stop Samsung C&T's $9 billion-plus takeover by sister company Cheil Industries as well as the related sale of a 5.8% stake in construction company Samsung C&T to building materials supplierKCC. Elliott claims the deal would cost shareholders billions and is illogical."