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Wednesday, January 30, 2013

Takeover Digest - Wall Street Journal - Jan 30, (NYSE: CHK)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * U.S. President Barack Obama began rallying supporters Tuesday to back his immigration-overhaul plan, while Republican Senator Marco Rubio worked to persuade conservatives in his party to support a similar bipartisan plan that has gained momentum in the Senate.* Chesapeake Energy Corp Chief Executive Aubrey McClendon is leaving the company he built into the country's second-biggest natural-gas producer, citing "philosophical differences" with a board of directors largely installed by shareholders to curb his risk-taking and free-spending ways.

Chesapeake Energy Corporation (Chesapeake) is a natural gas and oil exploration and production company. Shares of CHK traded higher by 0.21% or $0.04/share to $18.97. In the past year, the shares have traded as low as $13.32 and as high as $26.09. On average, 13476300 shares of CHK exchange hands on a given day and today's volume is recorded at 11382816.