Corporate Raider Carl Icahn Sets His Sights on Chesapeake

Late last Friday, corporate raider Carl Icahn filed what’s known as a 13D with the Securities and Exchange Commission to disclose he has taken a rather large stake in Chesapeake Energy. Friday morning MDN posted a story outlining who owns how much of Chesapeake’s stock (at least for outside shareholders)—see this MDN story. At the time it was rumored that Icahn’s stake was around 4 percent.

We now know his stake is much higher than that.

To view this content, log into your member account. (Not a member? Join Today!)