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Elliott had been pushing for four new board seats on the oil refiner’s board.
Phillips 66 (NYSE:PSX) continued gains for eight straight sessions as the stock closed 0.76% higher, at $124.56 on Tuesday. ...
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, capping one of the biggest corporate ...
Phillips 66 grew its midstream segment so much that activist investor Elliott Management pushed to splinter the company—but ...
Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.
Specifically, Elliott wants Phillips 66 to operate as a pure-play refining and biofuels company, spinning off or selling its massive pipeline and terminals business, and selling its petrochemicals ...
3 days Maintenance Season Causes Dip in U.S. LNG Exports 4 days U.S. Gas Prices Dip Ahead of Summer Driving Season U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment ...
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 ...
April 21 (Reuters) - Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 (PSX.N), opens new tab because it is conflicted from a ...
NEW YORK (Reuters) -Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, capping one of the ...
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 ...