Hess and activist Elliott kiss and make up

摘要

Houston—US’ Hess Corp. and dissident shareholder and hedge fund Elliott Management agreed to mend fences May 16, announcing shortly before the annual shareholder meeting that its eight new directors would include three backed by Elliott. The move could potentially spell further changes that Elliott had pushed for, specifically including the spinoff of its US resource plays in the Bakken and Utica Shales.