Hedge Funds Bet Chevron Overcomes Exxon Move to Close Hess Deal

(Bloomberg) — Hedge fund managers that wagered billions on Chevron Corp.’s October deal to buy Hess Corp. are sticking to their bets despite another roadblock that could potentially torpedo the acquisition. Most Read from BloombergOlivia Rodrigo Is Not Kid-Friendly? Don’t Act Surprised.Egypt’s Devaluation and Record Rate Hike Put IMF Deal in ReachNikki Haley Ends 2024 Bid, Setting Up Trump-Biden RematchGold Climbs to Record on Mix of Fed Pivot and Geopolitical RisksApple’s iPhone Woes in China

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Yahoo! Finance: HES News

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