American Energy Partners closing shop

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American Energy Partners executives on Wednesday began taking steps to close the business, the company's leadership team confirmed.

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American Energy Partners and Aubrey McClendon in November 2015 were involved in an attempt to raise up to $2 billion, but scrapped the effort after just $11.2 million was raised.

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Founded in 2013 by Chesapeake Energy Corp. co-founder Aubrey McClendon, American Energy Partners raised more than $15 billion and employed about 800 people at its peak. The company operates out of a former Chesapeake building less than a mile from the Chesapeake campus.

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