Post Tagged with: "Elliott Management"

Source: marathonpetroleum.com

Marathon heads into earnings targeted by activist investors

Source: Reuters


(Reuters) – Marathon Petroleum Corp will release earnings on Thursday at a time when activist investors are pressuring company executives to make major changes, including potentially spinning off its retail gasoline unit that enjoyed strong margins in the …

Source: QEP Resources

Elliott Targets Permian with $2 Billion Buyout Offer

QEP offer represents 44% premium
American oil and gas is once again being rocked by an activist investor, as Elliott Management has submitted a bid to acquire QEP Resources (stock ticker: QEP).

Elliott is proposing to acquire QEP for $8.75/share