Phillips 66 (PSX) fired back at Elliott Investment Management a day after the activist investor proposed seven independent candidates for the company’s board as it continues to push for a sale ...
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...
from the first mass layoffs in the airline’s history to abandoning its longstanding “bags fly free” policy in recent months amid pressure from activist investor Elliott Investment Management ...
Just last month, the activist investor urged Phillips 66 to spin off or sell its midstream business and sell its stake in Chevron Phillips Chemical Co. Update: Phillip 66 responded to Elliot ...
Two shareholders have confirmed that Elliott Management, an activist investor in BP, has met with several of the company's ...
The BP board is braced for a string of hardline demands from Elliott Management, an 'activist' investor that has taken a stake in the UK stalwart. Activists buy shares in firms they believe are ...
Absent an activist investor, this deal likely gets done at ... need to vote for the deal for it to pass. Elliott has 9%, and if every other shareholder votes (an improbable likelihood), Elliott ...
Activist investor Elliott has met several large BP shareholders to try to forge a consensus for more changes at the company ...
Elliott Management is leading a resurgence of activist investors that are making their presence felt from Wall Street to Main Street. These hedge funds buy up minority positions in publicly traded ...
Investors who run strict environmental ... but not everyone will welcome Elliott on to the share register. Not all activist campaigns are successful – Elliott got little change out of an ...
Oil and gas major BP Plc. (BP) is under significant pressure from activist investor Elliott Investment Management. According to a Bloomberg report, the investor is dissatisfied with the company ...
The move followed news of activist investor Elliott Investment Management having taken a near-5% stake in BP. In his renewed focus on oil and gas basics, Auchincloss flagged two key regions for ...