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After more than a hundred campaigns targeting US companies, Elliott Investment Management is heading into its first ever ...
Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.
Elliott, which holds a $2.5 billion stake in Phillips 66, has been pushing for major changes at the company, including the ...
Elliott Management is facing off with Phillips 66 in a proxy vote this week, seeking to elect four of its nominees to the ...
Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...
Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...
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 ...
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Activist investor Elliott Investment Management should back down from its push to break up energy company Phillips 66 because it is conflicted from a separate effort to acquire one of the group's ...
Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.
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