John Hess Personally Calls Investors to Support Chevron Deal Before Vote

-- John Hess, the boss of the oil company that bears his family name, is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.The Hess Corp.

The transaction had only a “modest” premium and uncertainty over the outcome of the arbitration case creates a “risk of a potentially broken deal without any compensation,” ISS said. Hess Corp. shareholders won’t receive any Chevron dividends until the arbitration case ends, which Exxon’s CEO has said could be next year.Hess Corp. didn’t immediately comment.

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John Hess Personally Calls Investors to Support Chevron Deal Before VoteJohn Hess, the boss of the oil company that bears his family name, is talking to directly with shareholders in a last-ditch effort to ensure enough support for a $53 billion takeover by Chevron Corp., according to people familiar with the matter.
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Sen. Schumer calls on FTC to stop Chevron merger with HessSenate Majority Leader Chuck Schumer has called on the Federal Trade Commission (FTC) to intervene in the proposed merger between Chevron (CVX) and Hess (HES...
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Hess Investor D.E. Shaw to Abstain From Vote on Chevron Deal(Bloomberg) -- D.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by...
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Hess Investor D.E. Shaw to Abstain From Vote on Chevron DealD.E. Shaw & Co., one of the top 15 shareholders in Hess Corp., plans to abstain from voting on the oil company’s $53 billion takeover by Chevron Corp., becoming the second major investor this week to come out against the deal.
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Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offerHess shareholders should vote in favor of Chevron Corp's $53 billion offer at the company's May 28 special meeting, proxy adviser Glass Lewis said on...
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