A vehicle refuels at a Phillips 66 gas station in Rockford, Illinois, U.S., on Monday, July 29, 2019.
Daniel Acker | Bloomberg | Getty Images
Elliott Management has taken a $1 billion stake in Phillips 66 and plans to seek as many as two board seats, sources told CNBC’s David Faber.
Phillips 66 stock rose 4.6% in early trading on Wednesday.
This is breaking news. Please check back for updates.
Sumber: www.cnbc.com