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Hess response to Elliott Management falls short, Relational says

By , Bloomberg News

Hess Corp.'s decision to reject board nominees proposed by Elliott Management Corp. and exit its gasoline-station and energy trading businesses isn't sufficient to resolve shareholder concerns about the company, Relational Investors LLC said.

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1 UserComments
BancCorp Management Group 10:38pm March 5, 2013

We support Relational Investors request at this time for Mr. Hess has not responded to our suggestion relative to their board seats.

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