SEC’s Linn Energy Inquiry Could Delay Berry Petroleum Deal – ValueWalk Premium
Linn Energy

SEC’s Linn Energy Inquiry Could Delay Berry Petroleum Deal

The Securities and Exchange Commission’s recent inquiry into Linn Energy LLC (NASDAQ:LINE) could delay its acquisition of Berry Petroleum Company (NYSE:BRY)’s deal, RBC Capital Markets feels.

The SEC’s recent inquiry could also increase share exchange ratio for acquiring Berry Petroleum Company (NYSE:BRY), according to analysts at RBC Capital Markets in their recent equity research report.

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