activist investors

Marathon Petroleum mulls selling two refineries: Bloomberg

October 22, 2019

Source: Reuters (Reuters) – U.S. refiner Marathon Petroleum Corp, which is under pressure from activist investor Elliott Management Corp, is considering the sale of two plants in Alaska and Utah, Bloomberg reported, citing people familiar with the matter. Elliott urged Marathon to split into three companies in September, saying that would boost shareholders’ value by as much as $40 billion,

Lion Point Capital to Carrizo: Buy More Permian, Look at a Merger or Combination with Another Operator

May 7, 2019

Carrizo responds to activist investor Hedge fund Lion Point Capital has filed a Form 13D showing beneficial ownership of approximately 4.7 million shares of Carrizo Oil & Gas (stock ticker: CRZO; $CRZO) that the filing said was worth north of $65 million. That gives Lion Point a little more than 6% of the one billion-dollar (market cap) E&P. In the

Marathon Petroleum mulls selling two refineries: Bloomberg

Lion Point Capital to Carrizo: Buy More Permian, Look at a Merger or Combination with Another Operator

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