Phillips 66 (NYSE:PSX) told shareholders Monday that Elliott Investment Management should end its drive to break up the company, because the activist investor is conflicted from a separate effort to ...
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Phillips 66 and Elliott’s contentious proxy battle ends in split vote over fight to break up energy giant
The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both sides ...
The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., against arguably the most influential activist fund manager in the world, ...
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Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
NEW YORK (AP) — Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its ...
NEW YORK, May 21 (Reuters) - Phillips 66 <PSX.N> and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, ...
Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist firm Elliott Investment Management in the upcoming annual meeting of ...
Newly Elected Directors Sigmund Cornelius and Michael Heim Will Work Constructively with Their Fellow Directors to Help Unlock the Company's Full Value-Creation Potential As one of Phillips 66's ...
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