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Phillips 66

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Elliott Management Buys $1 Billion Stake in Phillips 66, Pushes for Board Changes

by Victor Adetimilehin November 30, 2023

by Victor Adetimilehin November 30, 2023

Elliott Management, one of the world’s largest activist hedge funds, has acquired a $1 billion stake in Phillips 66, the US oil refiner and pipeline operator, and is urging the …

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