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CVX Jun 2024 185.000 put

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  • Yahoo Finance Video

    Hess shareholders vote, approve $53 billion Chevron merger

    Hess (HES) shareholders have ultimately given the green light for the energy giant to be acquired by Chevron (CVX). Yahoo Finance Senior Business Reporter Ines Ferré breaks down the latest on this merger and comments from Chevron after the Hess shareholders vote. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.


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    Hess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as it rolls out next model, and other news to start your day.


    Hess Wins Shareholder Vote for Chevron Deal

    Hess shareholders voted on Tuesday to approve a $53 billion merger with Chevron removing the first of three question marks hanging over the deal. The news is particularly important for Chevron, which is counting on the Hess deal to bulk up its future production. Chevron stock rose 0.8% on Tuesday, and Hess climbed 0.4%.