Breaking It Down: Chesapeake $7.4 Bln Deal Finds Safety in Numbers

(Reuters Breakingviews) – Chesapeake Energy  is the latest to join the fossil-fuel merger rush, and has the benefit of safety in numbers. That’s true in two ways: first, because its $7.4 billion purchase of Southwestern Energy is financially attractive for Chesapeake shareholders, and secondly because Boss Nick Dell’Osso is treading an M&A path that rivals like Exxon Mobil  and … Read more