Seeking Alpha

Hess (HES -0.7%) blasts Elliott Management’s “self-serving short-term agenda”...

Hess (HES -0.7%) blasts Elliott Management’s “self-serving short-term agenda” and urges shareholders to vote for the company’s slate of board candidates. The company says Elliott’s candidates are being compensated by the hedge fund through a contingent payment scheme that leads them to support “a short-term break-up plan that will effectively liquidate Hess."
Comments (1)
  • zorro2828
    , contributor
    Comments (679) | Send Message
    It needs to be liquidated.. the parts are worth a lot more than the whole and current management has done squat with all those assets... voting for the break-up!
    4 Apr 2013, 03:51 PM Reply Like
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