(Reuters) Elliott Management Corp is readying for a new fight with Hess Corp to remedy what the activist hedge fund called on Thursday “continuing underperformance” by the U.S. oil and gas producer. This would be the second time the New York-based investment firm, which owned 6.6 percent of Hess as of Sept. 30 according to Thomson Reuters data, has targeted the company.
Hedge Fund Elliott Prepares Second Challenge to Hess Corp
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