Law 360 M&A

FEBRUARY 13, 2024

Oil refiner Phillips 66 said Tuesday it has named former Cenovus Energy executive Robert W. Pease to its board, caving to pressure from Elliott Investment Management after the activist investor revealed it bought up a $1 billion stake in the company and was seeking two board seats.

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Law 360 M&A

NOVEMBER 29, 2023

energy company Phillips 66, as it pushed for two new board directors in an effort to improve the company's performance and "restore trust with investors." Elliott Investment Management revealed Wednesday that it has taken a $1 billion stake in U.S.

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Law 360 M&A

JANUARY 6, 2023

Phillips 66 will increase its stake in DCP Midstream to 86.8% billion deal, guided by four law firms, that will see the mega energy company acquire the publicly held stock of the pipeline operator, according to a Friday announcement.

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Benzinga

JUNE 30, 2022

CINCINNATI, June 30, 2022 (GLOBE NEWSWIRE) -- RelaDyne, the nation's largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services, has acquired Orange Line Oil Company, Inc., "We are thrilled to welcome Orange Line Oil Company to the RelaDyne family!

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Reynolds Holding

MAY 18, 2023

2017), our study investigates the role of competition in disciplining a company’s socially undesirable behavior. Journal of Finance 66, 563–600. Phillips, G., While prior research focused on how competitive pressure from the product market influences firms’ investment and financial decisions (Haushalter et al.,

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Marketability Finance Corporate Finance Equity 59

Brian DeChesare

AUGUST 10, 2022

Oil & Gas Investment Banking Definition: In oil & gas investment banking, professionals advise companies that search for, produce, store, transport, refine, and market energy on raising debt and equity and completing mergers and acquisitions. Many are owned in whole or in part by governments (“national oil companies” or NOCs).

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Banking EBITDA Dividends Equity 88