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Tuesday, February 18, 2014

Speculation Continues Over Chesapeake Energy's Future

Corporate raider Carl Icahn
From Seeking Alpha:
Executive summary:
  • Chesapeake Energy transaction rumors persist and regularly surface as indicated by an article in the Dallas Business Insider.
  • Icahn's strong activist track record suggests that he seeks strategic alternatives for his investment in Chesapeake Energy.
  • His recent investment success might prompt Icahn to pursue options with regard to Chesapeake Energy more aggressively.
  • Exxon Mobil and ConocoPhillips could be potential buyers while European majors disqualify themselves.
Read the whole article here.

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