The FTC will approve Chevron's acquisition of Hess with one major condition, reports say. But that doesn't mean the deal will close anytime soon.

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Antitrust regulators are set to prevent Hess Corp CEO John Hess from joining the board of Chevron Corp as part of a $53-billion merger deal.

The Federal Trade Commission has said Hess Corp’s CEO must not join the board of Chevron if the two companies want the merger ...

Wells Fargo analyst Roger Read maintained a Buy rating on Chevron (CVX – Research Report) yesterday and set a price target of $169.00.

Wells Fargo analyst Roger Read maintained a Hold rating on Hess (HES – Research Report) yesterday and set a price target of $151.00. The ...

John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.

FTC Plans to Block Hess CEO From Chevron Board John Hess would be prevented from Chevron's board as part of deal for antitrust approval of a Hess-Chevron merger. Justice Department Probes Server Maker ...

Bloomberg News, citing sources familiar with the situation, reported that U.S. Energy Major Chevron agreed with U.S. Federal ...

Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement ...

Chevron, Hess and the FTC did not immediately respond to Reuters' requests for comments. The approval clears one hurdle, but ...

CEO John Hess will not join the merged company's board as part of an agreement with the U.S. Federal Trade Commission that ...