Energy CEO McClendon dies in Oklahoma car crash, a day after indictment

March 2, 2016 8:36 PM

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Energy CEO McClendon dies in Oklahoma car crash, a day after indictment

OKLAHOMA CITY Aubrey McClendon, the co-founder of Chesapeake Energy Corp (CHK.N) who led it to become one of the world's biggest natural gas producers before he was tarred by federal anti-trust charges, died on Wednesday in a car accident in Oklahoma City, police said. He was 56.

McClendon died one day after the U.S. Department of Justice indicted him for allegedly violating antitrust laws by colluding to rig bids for oil and gas acreage while he was at Chesapeake, which has been a central player in the U.S. fracking revolution of the past decade. He denied the charges.

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