Hess Investor D.E. Shaw to Abstain From Vote on Chevron Deal
<-bsp-bb-link state="{"bbHref":"bbg://securities/62102Z%20US%20Equity","_id":"0000018f-8780-de3b-adcf-dfa30a1e0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">D.E. Shaw & Co.-bsp-bb-link>, one of the top 15 shareholders in <-bsp-bb-link state="{"bbHref":"bbg://securities/HES%20US%20Equity/BQ","_id":"0000018f-8780-de3b-adcf-dfa30a1f0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Hess Corp.-bsp-bb-link>, plans to abstain from voting on the oil company’s $53 billion takeover by <-bsp-bb-link state="{"bbHref":"bbg://securities/CVX%20US%20Equity/BICO","_id":"0000018f-8780-de3b-adcf-dfa30a1f0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Chevron Corp.-bsp-bb-link>, becoming the second major investor this week to come out against the deal.