(Reuters) - Activist investor Carl Icahn raised his stake in Chesapeake Energy Corp to almost 11 percent even as the company continues to cope with low oil and gas prices. Chesapeake's stock rose 3.8 percent to $14.64 in late trade. Icahn increased his stake to 10.98 percent from 9.98 percent with 73.05 million shares held in Chesapeake, according to a regulatory filing on Monday. (http://1.usa.gov/1HsJzA0) Icahn will remain the second-largest owner in the company with his increased stake, according to Thomson Reuters data. ...
March 23, 2015 at 07:53PM
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