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 Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm ...

David Faber discusses the latest details on Elliott's proxy fight with Phillips 66.

Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66, which ...

Activist investor Elliott Management has won the backing of influential proxy adviser Institutional Shareholder Services for ...

Institutional Shareholder Services on Monday recommended that investors back all four board nominees put forward by activist ...

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Phillips 66 did not immediately respond to a request for comment. Elliott said the ISS report's recommendations "fully validate Elliott's case for change." Investors often take recommendations ...

NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS ...

NEW YORK (Reuters) -Elliott Investment Management scored a victory on Monday in its board fight at Phillips 66 when prominent proxy advisory firm Institutional Shareholder Services (ISS) recommended ...

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 ...