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re: Chesapeake Energy...

Posted on 6/6/12 at 8:13 am to
Posted by rmc
Truth or Consequences
Member since Sep 2004
26589 posts
Posted on 6/6/12 at 8:13 am to
Up to 17.26 after hours.

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.
Posted by BROffshoreTigerFan
Edmond, OK
Member since Oct 2007
10004 posts
Posted on 6/6/12 at 2:19 pm to
Guess that should about cover the $4b loan from G&S.
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