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Chevron, Hess Corp
FTC clears Chevron-Hess deal, bans John Hess from board
The FTC on Monday alleged that John Hess encouraged OPEC representatives to take action that supports higher oil prices. Hess Corp. and Chevron have agreed that they will not appoint Hess to the board in order to facilitate the completion of the merger.
Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
FTC Clears Chevron-Hess Merger, But Bans Hess CEO From Joining Board
The FTC cleared Chevron's $53 billion acquisition of Hess but barred CEO John Hess from joining Chevron's board after the merger, citing concerns about his previous communications with OPEC officials.
FTC to approve Chevron-Hess megadeal with major condition (updated)
The FTC will approve Chevron's acquisition of Hess with one major condition. But that doesn't mean the deal will close anytime soon.
FTC Bars Hess CEO From Chevron Board Seat as Condition of Deal, Say Sources
HOUSTON (Reuters) -U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess, people close to the matter said.
FTC confirms Chevron-Hess deal approval barring John Hess from board
Chevron (CVX) and Hess (HES) confirm completion of FTC antitrust review for merger, with Hess CEO not joining Chevron board.
FTC Plans to Block Hess CEO from Chevron Board
John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.
US FTC Allows Chevron-Hess Deal, Bars John Hess From Board
NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron's $53 billion purchase of Hess Corp on Monday, in an order that barred Hess CEO John Hess from Chevron's board. The FTC's order leaves Exxon Mobil's challenge to the deal, which is expected to stretch deep into next year, as its final hurdle.
M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC Approval
Chevron Corp. ($CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. ($HES) with the U.S. Federal
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John Hess Is the Latest Target for Antitrust Enforcers. The Oil Patch Isn’t Happy.
The agency accuses Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is trying to ...
1d
on MSN
Hess Corp. stock underperforms Friday when compared to competitors
Shares of Hess Corp. HES slid 0.38% to $140.34 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.90% to 5,751.07 and the Dow ...
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New Leadership, Renewed Growth: BigCommerce’s Path Forward Under CEO Travis Hess
Analyst Scott Berg from Needham maintained a Buy rating on BigCommerce Holdings (BIGC – Research Report) and keeping the price target at ...
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Liv Hess’ four-goal performance leads Camp Hill field hockey to victory
Liv Hess scored four goals in the first quarter to lead Camp Hill field hockey to a 6-0 win over Middletown on Wednesday.
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