Reuters NEW YORK – Institutional Shareholder Services (ISS) has recommended that shareholders of Noble Energy Inc vote in favor of the energy producer’s proposed acquisition by Chevron Corp, the proxy advisory firm said in a statement on Friday. Chevron is aiming to purchase Noble Energy for around $5 billion in stock. When the transaction was announced on July 20, it
Houston Chronicle An influential proxy advisory firm said Wednesday it now supports the merger of Houston oil producers Callon Petroleum and Carrizo Oil & Gas after the deal was sweetened for hesitant Callon shareholders. Callon plans to acquire Carrizo in a merger of near equals, but the deal was at risk of falling apart because of concerns Callon was paying too much and taking on too
From Reuters Proxy advisory firm Institutional Shareholder Services on Thursday urged Occidental Petroleum Corp shareholders to ask management to let them weigh in on board and governance issues as the company buys rival Anadarko Petroleum Corp.. The request comes one week after the takeover deal’s biggest critic, billionaire investor Carl Icahn, laid out plans to shake up Occidental’s board. ISS
