Chevron Corp.'s bid to buy Unocal Corp. won endorsements from two more shareholder advisory companies Wednesday, a day after China's CNOOC Ltd. withdrew its higher offer for the El Segundo oil company.
The reports from Glass Lewis & Co. and Proxy Governance Inc., which come a week before Unocal shareholders vote on the Chevron deal, conclude that Chevron was offering a fair price for Unocal.
