Deals - Acquisition, Mergers, Divestitures
LINN Reports Early Termination of Waiting Period in Berry Merger
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LINN Energy LLC and LinnCo LLC have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with their proposed merger with Berry Petroleum Company, which was announced on February 21, 2013.
The termination of this waiting period, which is effective as of March 13, 2013, satisfies one of the conditions to closing for LINN Energy and LinnCo's proposed acquisition of Berry Petroleum Company.
The transaction is subject to other closing conditions, including the approval of the shareholders of Berry and LinnCo and the unitholders of LINN Energy. Subject to satisfaction of these other closing conditions, the transaction is expected to close by June 30, 2013.
As previously announced on February 21, 2013, LINN…
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