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Elliott had been pushing for four new board seats on the oil refiner’s board.
Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.
Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...
Phillips 66 reportedly has split its boardroom battle with Elliott Investment Management, with the activist investor winning two of the four seats it wanted on the refining company's board.
The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott ... and focus on its legacy refining unit. The battle pits one of the energy sector’s most storied ...
Phillips 66 (NYSE:PSX) is likely to lay off most workers at its Los Angeles refinery in December, reported Reuters on ...
In this article, we are going to take a look at where Phillips 66 (NYSE ... sentiment was dampened by an ongoing battle within its corporate boardroom. At an annual stockholders’ meeting on ...
The recommendation from ISS, which advises big money managers such as BlackRock over how to vote in proxy votes, gives Elliott the upper hand in a shareholder proxy battle expected to climax at ...