Williams Confirms Receipt of Corvex Director Nominations

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Chesapeake Energy (CHK) Boosts Purchase Price on Contingent Convertible Senior Notes Tender Offers

August 26, 2016 7:02 AM EDT

Chesapeake Energy Corporation (NYSE: CHK) announced that, with respect to its offers to purchase for cash (the "Tender Offers") the outstanding notes of Chesapeake set forth in the table below (collectively, the "Notes"), it has increased the aggregate purchase price offered for the Notes in the Tender Offers, exclusive of accrued interest, from up to $500,000,000 aggregate purchase price to up to $750,000,000 (the "New Aggregate Maximum Purchase Amount") and, in connection therewith, established a tender cap of $600,000,000 aggregate purchase price (exclusive of accrued interest) for the 2.5% Contingent Convertible Senior Notes due 2037 (the "2037... More