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Hess To Sell Oil Terminals; Elliott Associates Targets Stake

From ValueWalk
January 28, 2013 - 11:35am
Hess Corp. (NYSE:HES) plans to sell its oil storage terminal network and exit its refining business as Paul Singer’s activist hedge fund Elliott Associates notifies that it will buy a more than $800 million stake and nominate directors to the…The post Hess To Sell Oil Terminals; Elliott Associates Targets Stake appeared first on ValueWalk.

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