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Chevron Agrees Hess CEO Won't Join Board in Deal With FTC [Financial Post (Toronto, Ontario, Canada)]

Chevron Corporation (CVX)  More Company Research Source: Financial Post
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Trade Commission allowing the companies' merger to proceed, people familiar with the matter said. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won't join the company's board as part of an agreement with the US Federal Trade Commission allowing the companies' merger to proceed, people familiar with the matter said. The condition allows Chevron to move forward with its $53 billion acquisition of Hess, said the people who asked not to named discussing non-public information. Chevron had previously said Hess would join its board once the deal was complete and become one of the company's biggest shareholders. To finalize the deal, however, Chevron and Hess still need to prevail in arbitration against Exxon Mobil Corp. and Cnooc Ltd., who claim a right-of-first-refusal on Hess' biggest asset — a 30% stake in a massive oil fiel [Read more]
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Stockreport

Chevron Agrees Hess CEO Won't Join Board in Deal With FTC [Financial Post (Toronto, Ontario, Canada)]

Chevron Corporation  (CVX) 
More Company Research Source: Financial Post
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Trade Commission allowing the companies' merger to proceed, people familiar with the matter said. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won't join the company's board as part of an agreement with the US Federal Trade Commission allowing the companies' merger to proceed, people familiar with the matter said. The condition allows Chevron to move forward with its $53 billion acquisition of Hess, said the people who asked not to named discussing non-public information. Chevron had previously said Hess would join its board once the deal was complete and become one of the company's biggest shareholders. To finalize the deal, however, Chevron and Hess still need to prevail in arbitration against Exxon Mobil Corp. and Cnooc Ltd., who claim a right-of-first-refusal on Hess' biggest asset — a 30% stake in a massive oil fiel [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS