Chesapeake, Southwestern Merging To Form $24B Gas Giant

By Al Barbarino (January 11, 2024, 12:07 PM EST) -- U.S. natural gas producers Chesapeake Energy and Southwestern Energy said Thursday they have agreed to merge through an all-stock transaction valued at $7.4 billion, in a deal that will create a $24 billion natural gas powerhouse and the nation's largest producer of the critical energy source. ...

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