Phillips 66 (PSX) said Wednesday in a regulatory filing that Elliott Investment Management on Feb. 13 nominated candidates to stand for election to the company's board at its annual meeting of shareholders.
Elliott has built up a stake worth more than $2.5 billion in the oil refining company and has pressured Phillips in recent weeks to sell or spin off its midstream business.
Price: 130.39, Change: +0.11, Percent Change: +0.08
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