Billionaire Paul Singer's Elliott Management Bought Hess Corp....

( ) - Activist investor Elliott Management will settle for three seats on the board of Hess Corp (HES.N) and support the oil producer's five director nominees to end a proxy fight. Hess and Elliott Management said in a joint statement that the oil ...

Several weeks after the end of each quarter, hedge funds and other major investors are required to file 13Fs with the SEC, disclosing many of their long equity positions as of the end of that quarter. We process these filings in our database and use ...

Hess Corp. said Thursday that in turn for getting its nominees on the board, Elliott will support five of Hess' nominees. The board's size will remain at 14 members. The announcement comes on the day of Hess' annual meeting in Houston. Elliott, ...

Hess Corp. issued a statement in response to Elliott's letter in which its director nominees finally acknowledged that their short-term compensation plan, where they agreed to be paid substantial sums directly by a hedge fund, was wrong. According ...

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NEW YORK -- With days to go before Hess Corp.'s annual shareholder meeting, activist shareholder Elliot Capital Management's nominees to the energy company's board said they will forgo certain compensation that they could have received from the ...

Elliott Management demanded five board seats at Hess Corp. The oil and gas company responded with an offer of two. The sides have settled on three. With just hours to go before Hess' annual meeting, Hess agreed to add three of the hedge fund's ...

NEW YORK -- Hess Corp. says it is willing to add two of Elliot Capital Management's nominees to its board after they agreed to forgo compensation from the hedge fund. But Elliot Management says the Hess move is a stunt, and it wants shareholders to ...

Five potential Hess Corp. (HES) directors nominated by activist shareholder Elliott Management said Monday they waived their right to receive payments from the hedge fund, calling the compensation plan a distraction. The announcement, which was made ...