Hess Shareholders to Vote on Contested $53 Billion Oil Deal with Chevron

Hess shareholders are set to weigh in Tuesday on the company’s deal to sell itself to Chevron in a $53 billion megadeal. Several shareholders have said they would abstain from voting due to the escalating spat between Hess, Exxon and Chevron over Hess’s stake in a mammoth oil project in the South American nation of Guyana. Hess shareholders are meeting virtually this afternoon to vote on whether to approve the deal or not.

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Yahoo! Finance: HES News

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