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Posted on 6/6/12 at 8:13 am to GREENHEAD22
Up to 17.26 after hours.
News from last night:
News from last night:
quote:
Chesapeake in talks on $4 bln pipeline sale-Bloomberg
8:49 pm ET 06/05/2012
June 5 (Reuters) - Chesapeake Energy Corp is in advanced talks to sell almost all of its pipeline assets for more than $4 billion to Global Infrastructure Partners, Bloomberg reported, citing sources with knowledge of the matter.
The second-largest U.S. natural gas producer is discussing selling all of its interests in Chesapeake Midstream Partners LP as well as other pipeline assets, Bloomberg reported.
The talks could result in a deal within days although there was a risk negotiations could also fall apart, the report quoted the sources as saying.
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