Chesapeake Energy issued 250.7 million common shares in exchange for $ 587.8 million in debt and preferred stock,
If you do the math that is a good deal because each share was priced a $ 2.35.
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apm5656
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The agreement to issue a total of 250.7 million shares in exchange for a $ 587.8 debt and preferred stock is a good deal, if do the math they bought each share for about $2.34
CHK
CHK