Hess Investor HBK to Abstain in $53 Billion Chevron Merger Vote

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Bloomberg Notícia

Nikos Panagiotopoulos,Hess Corp.,Chevron

(Bloomberg) -- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion...

-- HBK Capital Management, one of the biggest shareholders in Hess Corp., is planning to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp.Global Chips Battle Intensifies With $81 Billion Subsidy Surge

HBK has economic interests in more than 8 million shares of Hess, Panagiotopoulos said. That likely makes the fund Hess’s fourth-biggest holder, according to data compiled by Bloomberg. HBK Capital Management manages more than $7 billion in assets. Warren Buffett's selling stocks like Apple as he sees trouble ahead — but he'll spend if markets crash: elite strategist

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