4. Corporate split [LO 26.3] In 2019, activist investor Elliott Management was pressuring Marathon Petroleum to split
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4. Corporate split [LO 26.3] In 2019, activist investor Elliott Management was pressuring Marathon Petroleum to split up the company. Elliott felt that Marathon should separate into three independent entities. Why might investors prefer that a company split into multiple companies? Is there a possibility of reverse synergy?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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