Latham Advising Hess as Company Sheds Utica Shale Assets

, The Am Law Daily

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Hess has retained the firm for counsel on its $924 million sale of roughly 74,000 acres of dry natural gas assets to a buyer whose identity has not been disclosed. New York-based Hess has raised roughly $7.8 billion in total from a series of asset sales over the past year as the company looks to boost flagging profits and appease its shareholders.

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