America’s Second-Largest Natural Gas Company Chesapeake Energy (CHK) To Go Bankrupt?

Highlights:
Chesapeake Energy denies bankruptcy rumors

The plunge (stock price) was fueled by a Debtwire report indicating Chesapeake had recently started working with restructuring attorneys from Kirkland & Ellis to discuss “balance sheet options.”

CHK also owns the naming rights to the arena of the NBA’s Oklahoma City Thunder.

Reference
http://money.cnn.com/…/chesapeake-energy-stock-…/index.html…

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