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Phillips 66 and activist investor Elliott face off on a classic conglomerate quandary: Are the pieces of a huge company worth more together or broken up? [Yahoo! Finance Canada]

Phillips 66  (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
PDF years ago as the Phillips Petroleum Co., against arguably the most influential activist fund manager in the world, Elliott Management, led by billionaire Paul Singer. [Read more]