If you happened upon the website Streamline66.com, you'd find a slickly designed site devoted to a company in crisis, complete with a plea to shareholders to step in and rescue a company in "urgent ...

Elliott Investment Management nominated seven directors to Phillips 66 's board, laying the groundwork to push for changes that include spinning off or selling its midstream business, two people ...

Phillips 66 (NYSE: PSX) has publicly countered Elliott Management’s latest claims in a pointed statement that accuses the hedge fund of sidestepping core concerns, applying loyalty tests to directors, ...

Phillips 66 said it appointed two new members to its board of directors following "constructive" engagement with activist investor Elliott Investment Management.

NEW YORK, May 21 (Reuters) - Phillips 66 <PSX.N> and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual shareholders meeting on Wednesday, ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott Investment Management to break up the massive energy company concluded May 21 with a split vote and both sides ...

U.S. refiner Phillips 66 told shareholders on Tuesday that Elliott Investment Management’s demands for breaking up the company are misguided, based on inflated and unrealistic assumptions, and would ...

Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream ...

[Stay on top of transportation news: Get TTNews in your inbox.] Elliott Investment Management has built a more than $2.5 billion stake in oil refiner Phillips 66, and plans to push the company to sell ...

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 ...

The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., against arguably the most influential activist fund manager in the world, ...