Alberto Perez

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.

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