Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66 which is nearing a shareholder vote later this month. On Monday, the activist firm received the backing of the prominent proxy adviser Institutional Shareholder Services. ISS recommended shareholders elect all four of Elliott’s director nominees at Phillips 66’s annual meeting set for May 21. Continue Reading View Comments
Elliott Wins Backing From Proxy Advisers in Phillips 66 Boardroom Battle
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