{"id":59814,"date":"2017-09-07T09:27:51","date_gmt":"2017-09-07T13:27:51","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59814"},"modified":"2017-09-07T09:27:51","modified_gmt":"2017-09-07T13:27:51","slug":"marathon-petroleum-gains-elliotts-support-to-keep-speedway","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2017\/marathon-petroleum-gains-elliotts-support-to-keep-speedway.html","title":{"rendered":"Marathon Petroleum Gains Elliott&#8217;s Support to Keep Speedway"},"content":{"rendered":"<p>(Reuters) U.S. refiner Marathon Petroleum Corp said on Tuesday it would keep its Speedway retail arm, a decision backed by activist investor Elliott Management, which had previously pushed the company to separate the business.   Last November, Elliott, the $33 billion hedge fund, unveiled a 4 percent stake in Marathon and made several demands including urging a spin-off of Speedway, which runs gas stations and convenience stores across the United States.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-marathon-pete-speedway\/marathon-petroleum-gains-elliotts-support-to-keep-speedway-idUSKCN1BG2D8\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) U.S. refiner Marathon Petroleum Corp said on Tuesday it would keep its Speedway retail arm, a decision backed by activist investor Elliott Management, which had previously pushed the company to separate the business. Last November, Elliott, the $33 billion [&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-59814","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59814","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=59814"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59814\/revisions"}],"predecessor-version":[{"id":59815,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59814\/revisions\/59815"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}