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UPDATED BREAKING NEWS FROM CNBC'S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS

Fri, 25 May 2012 05:12:06 -0700
Following is an update to Kate Kelly's breaking news story from earlier today. Please note the nuances of the Blackrock holdings, which weren't mentioned on air. ALL REFERENCES MUST BE SOURCED TO CNBC.
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BREAKING NEWS FROM CNBC'S KATE KELLY: BLACKROCK HAS INCREASED STAKE IN CHESAPEAKE DRAMATICALLY IN LAST TEN DAYS

Thu, 24 May 2012 14:42:29 -0700
ALL REFERENCES MUST BE SOURCED TO CNBC.
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