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Shareholder urging Chesapeake not to dismiss acquisition offers

Southeastern Asset Management Inc. is leveraging its position as Chesapeake Energy Corp.’s largest shareholder to suggest company officials focus on maximizing cash flow, while considering acquisition offers.

BY JAY F. MARKS Published: May 8, 2012

Chesapeake Energy Corp. should be open to any takeover offers as it deals with the fallout of questions about CEO Aubrey McClendon’s personal business dealings, the company’s largest shareholder said Monday.

Southeastern Asset...
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