Friday, May 11, 2012

Chesapeake wins breathing space with $3 billion loan

(Reuters) - Chesapeake Energy Corp said it had received a $3 billion loan from Goldman Sachs and Jeffries Group that will give it breathing room to sell assets and close a funding gap this year. The company, which has been embroiled in a corporate governance crisis that prompted its move to replace co-founder Aubrey McClendon as

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