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HoosierHoagie

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HoosierHoagie

Re: Tuff-Stuff post# 496255

Wednesday, 01/30/2013 10:54:57 AM

Wednesday, January 30, 2013 10:54:57 AM

Post# of 648882
Chesapeake's (CHK +6.4%) Archie Dunham says "the company is not for sale," but getting McClendon out removes a big obstacle in a way of a hostile takeover. CHK would make a juicy target for Asian state-controlled oil firms, Bernstein's Neil Beveridge writes; E&Ps with shale acreage or deepwater discoveries but lacking capital to develop the assets are exactly what they're looking for, given their access to low cost financing.

"A competent leader can get efficient services from poor troops while, on the contrary an incapable leader can demoralize the best of troops"
General John J. Pershing

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