The company said it entered into an Agreement and Plan of Merger with Southwestern Energy Company on January 10, 2024. Merger Sub Inc will merge into Southwestern, with Southwestern surviving as a wholly owned subsidiary.

1. 01

   The company said it entered into an Agreement and Plan of Merger with Southwestern Energy Company on January 10, 2024. Merger Sub Inc will merge into Southwestern, with Southwestern surviving as a wholly owned subsidiary.

2. 02

   Chesapeake said on April 4, 2024 that it and Southwestern each received a Second Request from the FTC for additional information and documentary materials related to the review of the merger.

3. 03

   The company said the Second Request extends the HSR Act waiting period until 30 days after Chesapeake and Southwestern have substantially complied with the request. The period could change if the parties voluntarily extend it or if the FTC terminates it sooner.

4. 04

   Chesapeake said it now expects the merger to be completed in the second half of 2024. This is subject to the satisfaction of other closing conditions, including approval by Chesapeake and Southwestern shareholders.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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