-
Elliot Management Urges Hess Spinoff of Bakken Assets, Shares Spike Higher
Tuesday, January 29, 2013 - 11:34am | 415Elliot Management's Paul Singer urged Hess (NYSE: HES) to conduct a full strategic review of the company, including the possibility of selling the company's Bakken Shale assets. Singer, the noted activist investor, wrote a letter to shareholders Tuesday urging them to accept five new board...