M&A
confidence high
sentiment neutral
materiality 0.65
Chesapeake and Southwestern receive FTC Second Request; merger expected to close in H2 2024
EXPAND ENERGY Corp
- FTC issued a Second Request on April 4, extending HSR waiting period for the proposed Chesapeake-Southwestern merger.
- Merger now expected to close in second half of 2024, subject to shareholder approvals and other conditions.
- Chesapeake and Southwestern will work cooperatively with the FTC to satisfy the Second Request.