(Reuters) -Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company because the activist investor is conflicted from a separate effort to ...
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 ...
Activist Commentary: Elliott is a very successful and astute activist investor. The firm's team includes analysts from leading tech private equity firms, engineers, operating partners – former ...
Dear Fellow Phillips 66 Shareholder: Elliott Investment Management L.P. (along with its affiliates, "Elliott") manages funds that together are a top-five shareholder in Phillips 66 (the "Company"). We ...
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 ...
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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Phillips 66 Stock In Spotlight After Elliott Nominates 7 Directors, Retail Confidence Stays Low
Phillips 66 (PSX) stock was in focus on Tuesday after Elliott Investment Management nominated seven directors to the ...
Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multiyear campaign pushing the company to sell assets, improve operational performance ...
NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended ...
U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would ...
Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream ...
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