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UPDATE 2-Hess offers hedge fund two board seats but is rejected

2013-05-14 01:06:04| Oil & Gas - Topix.net

Hess Corp offered hedge fund Elliott Management two seats on its board on Monday, but the activist investor rejected the proposal, calling it a "PR stunt." The oil and gas company is scrambling to avoid an embarrassing defeat to Elliott at its annual meeting on Thursday.

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