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Chesapeake to keep stake in fracking firm after value tumbles

Not long ago Chesapeake Energy Corp. touted its stake in hydraulic-fracturing company FTS International as a $2 billion plum. Now, after two years of telling investors it was looking to cash in its FTS investment, Chesapeake has no immediate plans to market the stake.
online.wsj.com Published: April 8, 2013
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Not long ago Chesapeake Energy Corp. touted its stake in hydraulic-fracturing company FTS International as a $2 billion plum.
Now, after two years of telling investors it was looking to cash in its FTS investment, Chesapeake has no immediate plans to market the stake.



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