Activist Elliott builds stake in oil major BP, source says
By Anousha Sakoui (Reuters) -Activist investor Elliott Investment Management has built a stake in oil major BP (NYSE:BP), a source familiar with the matter told Reuters on Saturday. The source did not provide the size of the stake. U.S.-based Elliott is seeking to boost shareholder value by urging BP to consider transformative measures, Bloomberg News reported earlier on Saturday, calling Elliott ...
