M&A
confidence high
sentiment neutral
materiality 0.60
Chesapeake-Southwestern merger clears HSR waiting period; close expected early Oct
EXPAND ENERGY Corp
- HSR Act waiting period expired for pending combination of Chesapeake (CHK) and Southwestern (SWN).
- Merger expected to close in first week of October 2024.
- Combined company to be renamed Expand Energy and trade on NASDAQ under ticker 'EXE'.
- Post-merger, Expand Energy will be the largest natural gas producer in the U.S.