On Air Now

Current Show

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 100.7 FM Terre Haute, IN

Weather

Current Conditions(Terre Haute,IN 47807)

More Weather »
71° Feels Like: 71°
Wind: S 12 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Clear 44°

Tomorrow

Mostly Sunny 75°

Sun Night

Partly Cloudy 51°

Alerts

Hess offers three board seats to Elliott, ends proxy fight

(Reuters) - Activist investor Elliott Management will settle for three seats on the board of Hess Corp and support the oil producer's five director nominees to end a proxy fight.

Hess and Elliott Management said in a joint statement that the oil company's reconstituted board would continue to comprise 14 members. Nine of the existing 14 directors would be replaced after the company's annual meeting on Thursday.

(Reporting By Thyagaraju Adinarayan; Editing by Robin Paxton)

Comments