Elliott revives call to split Marathon Petroleum into three

Elliott revives call to split Marathon Petroleum into three
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27.09.2019

MOSCOW (MRC) -- Elliott Management Corp urged Marathon Petroleum Corp to split into three companies, saying it would boost shareholder value by as much as USD40 billion, three years after it asked the refiner to consider spinning off businesses, as per Hydrocarbonprocessing.Shares of Marathon, which has a market capitalization of about USD36 billion, were up 7.7% at USD59.76.Elliott said

Full article at mrcplast.com

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