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Elliott Management seeks to oust Hess CEO or force sale of energy company: Report

  • Hedge fund Elliott Management is pushing for Hess CEO John Hess to step down or for the company to sell all or part of its business, The Wall Street Journal reports.
  • Other big investors are pressuring the company to make changes, according to WSJ.
  • "John has the clear, unanimous and unambiguous support of our board as our CEO," Hess Chairman James Quigley told the Journal.

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