Carl Icahn raises stake in Chesapeake Energy

Tue Nov 20, 2012 7:24am EST

Nov 20 (Reuters) - Billionaire investor Carl Icahn, one of the largest shareholders in natural gas producer Chesapeake Energy Corp, has raised his stake in the embattled company to 8.9 percent, a regulatory filing shows.

Icahn earlier reported a 7.56 percent stake in the company.

Along with investor Mason Hawkins, Icahn controls the company's nine-member board of directors.