Chesapeake Energy Announces Merger with Southwestern Energy

Details

The merger will see Southwestern become a wholly-owned subsidiary of Chesapeake, with Southwestern common stockholders receiving 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock. The merger is subject to various conditions, including shareholder approval and regulatory clearance. Additionally, Chesapeake has amended its executive severance plan in connection with the merger.

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