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ISS backs Elliott in Phillips 66 fight
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Disagrees with ISS’ and Glass Lewis’ Recommendations which Failed to Address Critical Issues Reiterates The Strength Of Phillips 66’s Highly Qualified Board And Nominees HOUSTON, May 13, ...
Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.
Elliott stated: "By recommending that Phillips 66 shareholders vote for all four Elliott nominees, ISS has now fully validated Elliott's case for change – making clear that the status quo at the ...
(RTTNews) - Phillips 66 (PSX), Tuesday announced that it has voiced strong disagreement with recommendations from proxy advisors ISS and Glass Lewis, which backed some of activist investor ...
Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led consortium, valuing the unit at $2.8 billion, as the U.S. refiner ...
At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...
We recently published a list of Billionaire Paul Singer’s 10 Stock Picks with Huge Upside Potential. In this article, we are ...
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