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Elliott Set to Win Two Phillips 66 Board Seats in Proxy Fight
Phillips 66 shareholders are set to elect two of Elliott Investment Management’s nominees to its board, in the first ever US proxy vote for the activist investor.Most Read from BloombergCan Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood?
Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual ...
Shares of the oil refiner were recently down about 6%, putting them among the S&P 500’s biggest daily decliners and sending ...
Phillips 66 today updated the preliminary results for the election of directors at its annual meeting of shareholders held on ...
Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott ...
Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...
Elliott Investment Management L.P. ("Elliott"), which manages funds that together make it a top-five shareholder in Phillips 66 (NYSE: PSX) (the "Company" or "Phillips"), today issued a letter to ...
It and Phillips 66 are locked in a proxy battle for control of the company, and have both put forth a slate of directors for its board. A vote on those directors will take place at Phillips 66's ...
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