This morning, Chesapeake Energy Corporation and Southwestern Energy Company announced that the two companies agreed to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share, based on Chesapeake’s closing price on January 10, 2024. Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for…
The post Deal is Done! Chesapeake & Southwestern Announce $7.4B Merger first appeared on Marcellus Drilling News. This post appeared first on Marcellus Drilling News.