Update: Hess in the crosshairsNew York hedge fund still targeting one of Bakken’s largest oil producers; wants Hess split in two; vote coming in May Mike Ellerd For Petroleum News Bakken
Since January, Hess Corp. and its chairman, John B. Hess, have been under fire from Elliot Management, a New York hedge fund run by billionaire Paul Singer, which claims that Hess been mismanaged for years, needs new blood on its board of directors, and should be split into two separate companies ba....
[additional news subjects in this story]
Elliot’s complaints Claims of mismanagement Hess fires back Hess transitions to pure play
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 01/05/2015)
Print this story |
Email it to an associate.
Petroleum News Bakken - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnewsbakken.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News Bakken)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.
| 