Elliott Management Buys Phillips 66
This is a news story, published by Investor's Business Daily, that relates primarily to Elliott Management news.
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Business & Economics
Elliott Management has more than $2.5 billion investment in Phillips 66

52% Informative
Elliott Management has a more than $2.5 billion investment in Phillips 66 .
The hedge fund is reportedly intent on forcing the company to narrow its focus on downstream refining and spinoff off its midstream business segment.
PSX moved higher before the stock market opened on the news.
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