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Hess Board Picks Blast Hedge Fund's Proxy Tactics

By Karlee Weinmann (May 6, 2013, 6:13 PM EDT) -- A handful of Hess Corp. director nominees on Monday ripped an activist hedge fund's assertion that they will blindly support the company's strategic plan, the same day the oil company ripped proxy adviser Institutional Shareholder Services Inc. for routinely backing dissident shareholders in boardroom battles....

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