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Hess (HES) Files for Tax-Free Spin of Retail Unit

January 8, 2014 6:28 AM EST
Hess Corp. (NYSE: HES) has filed a Form 10-12B for a tax-free spin off of its retail unit, which would distribute all Hess retail shares to shareholders. The business will list on the NYSE under the ticker, HRE. The documents for the spin off can be viewed here.


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