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Phillips 66 has issued a sharp rebuttal to Elliott Management’s latest letter, accusing the activist investor of misleading disclosures, director loyalty tests, and undisclosed financial ties amid an ...
After more than a hundred campaigns targeting US companies, Elliott Investment Management is heading into its first ever ...
Elliott's 5,886 word letter failed to substantively resolve the core issues we raised. Instead of addressing the facts of this particular situation, Elliott points to its history of engaging with ...
This letter is intended to highlight critical ... that significant change is needed on Phillips 66's Board. Elliott Investment Management L.P., together with the other participants in Elliott's ...
(RTTNews) - Elliott Investment Management L.P., a top-five shareholder in Phillips 66 (PSX), has issued a strongly worded letter to fellow investors, criticizing the company's governance ...
Phillips 66 said in a letter on Monday. Elliott builds $1.5-billion stake in Hewlett Packard Enterprise Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in ...
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 ...
HOUSTON, May 05, 2025--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter ...
Elliott Investment Management L.P. (along with its affiliates ... On April 24, Phillips 66 even published a highly misleading "Letter to Investors and Their Stewardship Teams," accusing Elliott ...
Phillips 66 (NYSE: PSX) today responded to a May 2 letter released by Elliott Management. The Company has issued the following statement: In its letter, Elliott attempted to rebut a number of ...