{"id":57507,"date":"2017-04-12T08:35:52","date_gmt":"2017-04-12T12:35:52","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57507"},"modified":"2017-04-12T08:35:52","modified_gmt":"2017-04-12T12:35:52","slug":"bhp-rejects-elliotts-overhaul-proposals-as-flawed-costly","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2017\/bhp-rejects-elliotts-overhaul-proposals-as-flawed-costly.html","title":{"rendered":"BHP Rejects Elliott&#8217;s Overhaul Proposals as Flawed, Costly"},"content":{"rendered":"<p>(Reuters) Anglo-Australian miner BHP Billiton (BHP.AX) (BLT.L) said on Wednesday a minor shareholder&#8217;s proposal to overhaul its corporate structure and spin off its U.S. oil division was flawed and would involve costs far beyond any benefits.<\/p>\n<p>BHP made the comments in a detailed response to a letter from Elliott Advisors seeking the end of a structure that bases the firm in both London and Sydney, claiming that and other measures could unlock up to $46 billion (\u00a336.84 billion) in shareholder value.<\/p>\n<p><a href=\"http:\/\/uk.reuters.com\/article\/uk-bhp-billiton-shareholders-idUKKBN17E0BE\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Anglo-Australian miner BHP Billiton (BHP.AX) (BLT.L) said on Wednesday a minor shareholder&#8217;s proposal to overhaul its corporate structure and spin off its U.S. oil division was flawed and would involve costs far beyond any benefits. BHP made the comments [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57507","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=57507"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57507\/revisions"}],"predecessor-version":[{"id":57508,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57507\/revisions\/57508"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}