SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Chesapeake Energy CHK

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Adams who wrote (344)3/1/1998 8:40:00 AM
From: Taylor Mill  Read Replies (1) of 726
 
"Has anyone else gone over the merger documentation and consolidated statements?
If so, does this merger mania make sense, in this case in particular?"

I have owned shares in both HUGO and CHK for sometime. Yes, I believe it does make sense but wish more details about properties and anticipated operational synergies were included in the documents. I read the package from each company; I read them hastily --- may have missed something but plan to read again before I mail in the proxy. I fully intend to vote YES at this time.

"Either way, a number of individuals cut a slice out of the pie for
themselves before the merger is complete and the closets are emptied."

What do you mean by this? The HUGO severance agmts? If so, this is not unusual IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext