Is this happening?
4 replies (most recent on top)
The fact that management turned down an unsolicited offer in one of the oil assets seems to confirm that a merger is about to gappen
MRO or anybody else taking over will not need more than the field crews, some Geoscientist and some production engineer.
Up to 80% of current headcount, included the despicable managers, are next in line for unemployment.
Get ready, the website is quite unfriendly.
I believe that if a merger with any other company is the best move for chk, the city, employees, and their families, Doug will find a way to completely screw it up. If, however, it lines his pockets with more unearned wealth at the expense of everyone else, a deal will get done.
You read my mind. They have the cash and want the NG assets. Regardless of who CHK merges with or gets acquired by, this is a consolidation market and CHK fresh off BK is a decent takeover target. One way or another, that’s the next transformation this company is headed into.