Reuters reveals Kimmeridge says in talks with Chesapeake Energy about changes, shares rise
Reuters
Shares of Chesapeake Energy Corp rose as much as 7% after Kimmeridge, an activist investment firm that focuses on oil and gas exploration and production companies, told Reuters it has built a stake in the U.S. oil and gas producer and started talks with the management team on changes to boost its value.
The post Reuters reveals Kimmeridge says in talks with Chesapeake Energy about changes, shares rise appeared first on Reuters News Agency.