Icahn Raises Stake in Chesapeake, Wants Board Seats

(Reuters) - Vincent Intrieri will represent billionaire Carl Icahn on Chesapeake Ene

(Reuters) - Billionaire investor Carl Icahn revealed he had bought a 7.6 percent stake

(Reuters) - Activist investor Carl Icahn reported a 7.6 percent stake in oil and gas company Chesapeake Energy Corp , and asked for at least four members of its board to be replaced. The corporate-raider-turned-activist investor wanted 2 board seats for his own representatives and 2 for Chesapeake's largest shareholder Southeastern Asset Management. Icahn holds 50.1 million shares in the company, according to a regulatory filing. (Reporting by Divya Lad in Bangalore; Editing by Sriraj Kalluvila)

(Reuters) - Top shareholders of Chesapeake Energy Corp on Monday grabbed more control of

Aubrey McClendon will no longer be running Chesapeake Energy Corpcome April 1. But he is likely to remain deeply entangled with the company he founded 24 years ago.

By Insider Monkey: By Shane Sokol

By Stock Croc:Chesapeake (CHK) has been in the news for the past month and at times the headlines have been frightening.

Vincent Intrieri will represent billionaire Carl Icahn on Chesapeake Energy Corp's board of directors, CNBC reported on Monday. Icahn and Southeastern Asset Management, two of Chesapeake's largest investors, ...