Icahn Reduces His Stake in Chesapeake Energy
March 19, 2011 at 01:59 AM EDT
Billionaire investor Carl Icahn has lowered his stake in Chesapeake Energy (CHK). Icahn has a 4.15% stake, or about 27 million shares in the Oklahoma City, Oklahoma, co., down from 5.8% three months ago, according to a filing on Friday with the U.S. Securities and Exchange Commission.