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About 1,600 Chesapeake Workers Would Get Payments in Event of Change of Control -Reuters

About 1,600 Chesapeake Energy Corp. (CHK) employees would receive contractually-promised payments in the event of a change of control, Reuters reported Tuesday, citing company documents. Change-of-control payments would total at least $100 million and could reach $140 million, according to the report. A Chesapeake spokesman said the recent overhaul of the company's board didn't trigger the provisions, Reuters reported. Full story at http://www.reuters.com/article/2012/07/17/us-chesapeake-bonuses-idUSBRE86G0DX20120717 Write to nymonitoring@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Chesapeake (CHK)
DateTimeHeadline
02/27/201509:23:51Icahn Investments Hit by Energy, Posts First Annual Loss Since...
02/27/201508:57:20Icahn's Investments Again Hit by Energy Prices
02/26/201510:44:02MARKET SNAPSHOT: S&P End Little Changed; Dow Ekes Out Record...
02/25/201517:06:21Dow Inches Up to a New Record
02/25/201515:35:14MARKET SNAPSHOT: U.S. Stocks Turn Lower In Late Trading
02/25/201514:04:14Chesapeake Energy Cuts Rig Operations -- Update
02/25/201513:56:22MARKET SNAPSHOT: U.S. Stocks Edge Higher To Record Levels
02/25/201511:36:03MARKET SNAPSHOT: U.S. Stocks Retreat From Records As Investors...
02/25/201511:35:13MARKET SNAPSHOT: U.S. Stocks Retreat From Records Ahead Of Yellen...
02/25/201509:15:11MARKET SNAPSHOT: U.S. Stocks: Wall Street Awaits More Action...
02/25/201508:08:00Chesapeake Energy Cuts Rig Operations After Disappointing Earnings
02/25/201507:54:16MARKET SNAPSHOT: U.S. Stocks: Wall Street Set To Take A Breather...

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