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Reuters

Reuters

US FTC finalizes consent order for $53 billion Chevron-Hess merger

Reuters
Summary
Nutrition label

80% Informative

FTC approves consent order to resolve antitrust issues concerning Chevron 's $53 billion takeover of Hess .

John Hess , CEO of the oil and gas producer, will be barred from joining the combined company's board.

Exxon Mobil's challenge to the deal is due to be heard by a three -judge arbitration panel in May .

VR Score

87

Informative language

90

Neutral language

93

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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