Hess Corporation (NYSE:HES) and Chevron Corporation (NYSE:CVX) shares are trading higher on Tuesday. On Monday, the Federal Trade Commission (FTC) completed an antitrust review of the merger of both companies, satisfying a critical closing condition for the transaction. To facilitate the merger’s completion, Hess and Chevron have agreed that Hess CEO John Hess will not be on the Chevron board. Exxon Mobil Corp (NYSE:XOM) and its partner CNOOC Ltd had earlier asserted their right of first refusal
Yahoo! Finance: HES News
