It’s Not A Sprint- Speedway To Remain Part Of Marathon Petroleum(MPC) With Elliott’s Support

In January, under pressure from Elliott Management, Marathon Petroleum(MPC) announced a formal review of the company’s strategic options for its Speedway business.  At the time, it seemed that a spinoff was both Elliott’s goal and a likely outcome of the review process. After all, the industry has seen several petroleum companies spin off their convenience store divisions. Marathon… Read More »