Elliott investment management makes $1 billion investment in Phillips 66
Автор: Yahoo Finance
Загружено: 2023-11-29
Просмотров: 9801
Описание:
Shares of Phillips 66 (PSX) climbed Wednesday afternoon after activist investment firm Elliott Investment Management announced a $1 billion stake in the energy company. Along with the major equity investment, Elliott is seeking two board seats in a bid to help drive improved execution and performance at Phillips 66.
Yahoo Finance's Josh Lipton and Julie Hyman break down the details of this trending ticker.
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