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Singer tightens grip on Hess for ‘continuing underperformance’


Four years after he first battled Hess, activist investor Paul Singer is once again rattling the cage of the oil-and-gas giant. Citing the “continuing underperformance” of the $13 billion company, Singer’s Elliott Management is pushing for major changes at Hess, which could include the ouster of second-generation CEO John Hess or selling parts of the...
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Source: New York Post


06:07, December 15, 2017 Carleton English

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