Faber Report: Elliott Increases Pressure on Hess

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Faber Report: Elliott Increases Pressure on Hess

CNBC's David Faber reports Elliott Management wants Hess to spin off its Bakken holdings; monetize its midstream assets and nominate a slate of five independent directors; and sees the stock reaching $126 per share.
03:26
Wed, Mar 13 20139:40 AM EDT