Chesapeake Energy's Merger Deal to Close Early in Q4 2024
CHKChesapeake Energy(CHK) ZACKS·2024-09-19 22:15

Chesapeake Energy Corporation (CHK) has announced that the pending merger with Southwestern Energy (SWN) is anticipated to close early in the fourth quarter of this year. Chesapeake Energy had announced the acquisition of rival natural gas firm Southwestern Energy in an all-stock deal, in January 2024. The deal was valued at approximately $7 billion.The acquisition was originally anticipated to be closed by the end of the second quarter. However, the U.S. Federal Trade Commission's (FTC) request for additio ...