NewsOK member benefits
Web Search powered by YAHOO!
Published: October 10, 2008
Market slide forces McClendon to dump billions in Chesapeake stock
Aubrey McClendon , chairman of Chesapeake Energy Corp. , was forced to sell “substantially all” of the more than 33 million shares of his company’s stock to meet margin calls.
“These involuntary and unexpected sales were precipitated by the extraordinary circumstances of the worldwide financial crisis,” McClendon said in a statement issued after markets closed today. “In no way do these sales reflect my view...
You have selected to view an article that is older than 60 days. Get access to all our historical content by purchasing a pass to The Oklahoman. Select the option that works best for you.
Archive Subscription types & rates

