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Hess Investor D.E. Shaw to Abstain From Vote on Chevron Deal [Yahoo! Finance]
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Last chevron corporation earnings: 5/1 06:45 am
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US:NYSE Investor Relations: chevron.com/investors
by Chevron Corp., becoming the second major investor this week to come out against the deal. Most Read from Bloomberg China Attempts to End Property Crisis With Broad Rescue Package With a BlackRock CEO, $9 Trillion Vanguard Braces for Turbulence US Inflation Data Was Accidentally Released 30 Minutes Early Putin and Xi Vow to Step Up Fight to Counter US ‘Containment' Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us' The New York-based investment firm will support a motion to delay the vote until there's more clarity around Chevron and Hess's arbitration case with Exxon Mobil Corp., managing director Jason Singer said in an interview. D.E. Shaw is the 14th-largest shareholder in Hess after having made the second-biggest purchase of its stock of any investor in the first quarter, according to data compiled by Bloomberg. Earlier this week, Institutional Shareholder Services Inc. said investors shouldn't support the deal and should instead vote for a delay on Ma
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