FTC Set to Greenlight Chevron’s $53 Bln Buy of Oil Rival Hess, Sources Say

The U.S. Federal Trade Commission is expected to greenlight U.S. oil producer Chevron’s purchase of Hess as soon as this week, two people familiar with the matter said, leaving Exxon Mobil’s challenge to the $53 billion deal as its final hurdle.                      The proposed merger was first … Read more