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Phillips 66 narrowly survives Elliott proxy fight
semafor.com/article/05/21/2025/phillips-66-narrowly-survives-elliott-proxy-fight
The Scoop
Activist investor Elliott Management has won two of the board seats it was seeking at energy giant Phillip 66, according to people familiar with the matter.
Elliott, taking a boardroom fight to its first ever vote in the US, had argued that Phillips’ “integrated” model — it…
This story appeared on semafor.com, 2025-05-21 14:41:23.