Elliott takes $1 billion stake in Phillips 66, plans to seek two board seats
November 29, 2023 Comments Off
Elliott’s push for board seats comes as Phillips has underperformed its competitors Marathon Petroleum and Valero with a higher operating expense per barrel.
Elliott takes $1 billion stake in Phillips 66, plans to seek two board seats
Elliott’s push for board seats comes as Phillips has underperformed its competitors Marathon Petroleum and Valero with a higher operating expense per barrel.
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