Phillips 66 and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four seats it wanted on the oil refiner’s board. The ...
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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 ...
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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