Hess Investors Should Abstain on Chevron Takeover, Proxy Firm Advises

(Bloomberg) — Influential proxy giant Institutional Shareholder Services Inc. recommended Hess Corp. investors abstain from voting on the proposed $53 billion acquisition by Chevron Corp. Shares of both oil companies fell.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindChina to Start $138 Billion Bond Sale on Friday to Boost EconomyGameStop Shares Soar as ‘Roaring Kitty’ Revitalizes Meme ManiaPutin Names Economist as Defense Minister in Surprise ReshuffleISS

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Yahoo! Finance: HES News

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