- The FTC gives the thumbs up in the next week or two to move forward with the merger
- Deal closes in May
- 80% of SWN is let go along with 20% of CHK
- Only a handful of people accept relocation to or from Hou/OKC
- We all live happily ever after
4 replies (most recent on top)
None of the Okc people are accepting the offer to move to Houston I can tell you that. No cost of living increase means you would be taking a pay decrease. The rest you said is true and should be obvious to SWN employees. The SWN shares are being converted to CHK. That means CHK is the acquiring company.
Predictions. It’s half SWN gets laid off and half CHK. That’s fair right?!
The “real” Bill here and it’s more like 90% SWN unemployed and no CHK layoffs. They have a “way” more talented and knowledgeable staff than we ever had a “wet” dream of (ok I still have “wet” dreams)!
Bill here, you are very close in your observations my friend. We could have used you on the planning committee, oh well Kay Sera sera!