Activist Elliott poised to win two board seats at Phillips 66, source says-March 2024-www.financetom.com

Activist Elliott poised to win two board seats at Phillips 66, source says

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Activist Elliott poised to win two board seats at Phillips 66, source says

May 26, 2025 11:39 AM

NEW YORK, May 21 (Reuters) - Activist hedge fund Elliott

Investment Management has won enough support from Phillips 66

shareholders to secure two board seats on the U.S. oil

refiner's board of directors in one of the country's biggest

corporate fights this year, a source familiar with the

preliminary vote said on Wednesday.

Previous page： Government encourages private sector to come in a very big way to help farmers, says agriculture secretary Next page： Here's what experts say about Raghuram Rajan's views on dealing with bad loans

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Government encourages private sector to come in a very big way to help farmers, says agriculture secretary

Sep 12, 2018

The government believes in encouraging the private sector to come in a very big way into the areas of giving...

Here's what experts say about Raghuram Rajan's views on dealing with bad loans

Sep 11, 2018

Here's what experts say about Raghuram Rajan's views on dealing with bad loans

Airtel receives demand notices towards penalties for March quarter

Sep 11, 2018

Telecom operator Bharti Airtel on Tuesday confirmed that it has received demand notices towards penalties totalling Rs 11 lakh for...

Centre, RBI to do everything to check rupee slide to 'unreasonable levels', says finance ministry

Sep 12, 2018

The government and the Reserve Bank of India (RBI) will do everything to ensure that the rupee does not depreciate to "unreasonable levels", the finance ministry said Wednesday as the currency slid to a lifetime low of 72.91 to the dollar.