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Chesapeake's McClendon Faces Disgruntled Shareholders

Friday, 8 Jun 2012 | 10:01 AM ET

CNBC's Kate Kelly reports the latest details from Chesapeake Energy's annual meeting, as its embattled CEO faces angry shareholders. David Dreman, Dreman Value Management chairman & CEO and Chesapeake shareholder, owns about a million shares of the company's stock and discusses why "he wouldn't buy any more shares at this point."