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Hess Slimdown Continues With $2.9B Retail Gas Sale

By Karlee Weinmann (May 22, 2014, 1:17 PM EDT) -- Hess Corp. said Thursday it would sell its sprawling gas station network to rival Marathon Petroleum Corp. in a $2.9 billion deal, one of the largest to date in an ongoing slimdown set in motion by activist hedge fund Elliott Management Corp. last year....

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