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Exco Resources to Buy Chesapeake Assets Worth $1 Billion (CHK, XCO)

As a part of its broader strategy to sell assets worth $7 billion this year to strengthen its balance sheet, Chesapeake Energy Corp. (NYSE: CHK) announced on Wednesday that it will sell part of its assets (Eagle Ford and Haynesville Shales) to Exco Resources Inc. (NYSE: XCO) for $1 billion. The move will bring much [...]

July 4th, 2013 | Tags: , | Category: Large Cap Growth Stocks | , | Category: Large Cap Growth Stocks | Billion (CHK, XCO)">Leave a comment

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