Icahn nominee resigns from Chesapeake board; shares tumble

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Chesapeake Energy (CHK) Enters $850M Conv. Senior Notes Private Placement

September 29, 2016 7:34 AM EDT

Chesapeake Energy Corporation (NYSE: CHK) announced that it has commenced a private placement to eligible purchasers of $850 million aggregate principal amount of convertible senior notes due 2026. The notes will be convertible, under certain circumstances, into cash, Chesapeake common stock or a combination of cash and Chesapeake common stock, at... More

Chesapeake Energy (CHK) Disclosed that Vincent Intrieri and Jack Lipinski Resigned from the Board

September 27, 2016 8:50 AM EDT

Chesapeake Energy (NYSE: CHK) disclosed that Vincent J. Intrieri and John J. (Jack) Lipinski informed the Board of Directors of the Company that they have resigned from the Board of Directors effective as of September 26, 2016. Mr. Intrieri has been an independent member of the... More