Linn, Berry merger advances, deal upsized to $4.9B

摘要

Linn Energy LLC (Nasdaq: LINE), LinnCo LLC (Nasdaq: LNCO), Houston, and Berry Petroleum Co. (NYSE: BRY), Denver, have unanimously approved an amended merger agreement. The amendment provides for an increase in the exchange ratio that each outstanding share of Berry common stock would receive in the merger and an extension of the end date to Jan. 31, 2014.