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  "documentTitle": "Marathon Petroleum Corporation (MPC)",
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      "text": "Initial Engagement and Compromise: Elliott made recommendations; Marathon agreed to a review.",
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      "text": "Disingenuous Speedway Review: Marathon opted not to separate retail, citing costs, while secretly pursuing the Andeavor acquisition.",
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      "text": "Total Shareholder Return (TSR): 28%",
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      "text": "Elliott advocated for a simplification and separation of Marathon in 2016, but the Company failed to undertake an honest review of its portfolio as promised to its shareholders.",
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      "text": "Note: Refining peers comprised of VLO, HFC, and PSX. Retail peers comprised of ATD/B, CASY, and MUSA.",
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