Investor Legal & General backs activist in Exxon proxy battle
By Martin in Business
Updated 3 years ago
HOUSTON (Reuters) - Britain's biggest asset manager, Legal & General, on Tuesday said it will vote for an activist hedge fund's board slate at Exxon Mobil's shareholder meeting later this month, fueling a pitched fight over the oil major's future. Top U.S. oil producer Exxon is battling hedge fund Engine...