On Air Now

Tune in to Listen

99.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
27° Feels Like: 16°
Wind: N 13 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Snow Showers 19°

Tomorrow

Cloudy 39°

Fri Night

Partly Cloudy 19°

Carl Icahn raises stake in Chesapeake Energy

(Reuters) - Billionaire investor Carl Icahn, one of the largest shareholders in natural gas producer Chesapeake Energy Corp , has raised his stake in the embattled company to 8.9 percent, a regulatory filing shows.

Icahn earlier reported a 7.56 percent stake in the company.

Along with investor Mason Hawkins, Icahn controls the company's nine-member board of directors.

(Reporting by Swetha Gopinath in Bangalore; Editing by Maju Samuel)

Comments