header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
December 21
1910 - Newhall (Auto) Tunnel opens, bypassing Beale's Cut [story]
Newhall Tunnel


berrypetroleum0213aBerry Petroleum Co., owner of the Placerita oil field and other oil properties in Kern County, West Texas, Utah and Colorado, announced Wednesday that the leading independent proxy voting advisory firm Institutional Shareholder Services has recommended that Berry stockholders vote for the proposed merger with LINN Energy LLC and LinnCo LLC.

As previously announced on Nov. 4, 2013, Berry entered into a definitive merger agreement with LINN and LinnCo under which Berry stockholders will receive 1.68 shares of LinnCo for each outstanding Berry share held as of the November 14, 2013 record date.

“A vote FOR the proposed transaction is warranted given the substantial 44.6 percent premium to the unaffected price implied by the 1.68 exchange ratio and the transaction’s compelling strategic rationale,” ISS concluded in its report to clients.

The Boards of Directors at Berry, LINN, and LinnCo have all unanimously approved the merger agreement as detailed on form S-4.

Meetings of Berry stockholders, LINN unitholders, and LinnCo shareholders for the purpose of voting on the previously announced merger agreement will be held on Monday, December 16, 2013. The transaction is subject to approval of the respective companies’ stockholders, unitholders, and shareholders.

The Berry Petroleum Company meeting will occur at 10:00 a.m. MST on Monday, December 16, 2013 at the Ritz Carlton Hotel, 1881 Curtis Street, Denver, Colorado 80202.

If Berry stockholders require assistance in voting their proxies, they should call either of Berry’s proxy solicitors, Georgeson Inc., at 866-295-8105 or Innisfree M&A Incorporated, at 888-750-5834.

 

About Berry Petroleum Co.

Berry Petroleum Company is a publicly traded independent oil and natural gas production and exploitation company with operations in California, Texas, Utah, and Colorado. The company uses its website as a channel of distribution of material company information. Financial and other material information regarding the company is routinely posted on and accessible at http://www.bry.com.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


Latest Additions to SCVNews.com
1910 - Newhall (Auto) Tunnel opens, bypassing Beale's Cut [story]
Newhall Tunnel
1892 - Benjamin Harrison establishes 555,520-acre San Gabriel Timberland Reserve (Angeles National Forest). First forest reserve in California, second in U.S. [story]
map
The Saugus Union School District Governing Board of Trustees elected Matthew Watson as 2026 board president at the Tuesday, Dec. 16 organizational meeting.
Watson Elected SUSD Board of Trustees President
Los Angeles–based painter Jasimen Phillips is a featured artist in the city of Santa Clarita’s “Pop Culture” exhibition, currently on view at the Newhall Community Center through March 25, 2026.
Phillips Examines Evolving Relationship with Technology in Exhibit
The Gibbon Conservation Center in Saugus is requesting donations, including memberships and gibbon adoption sponsorships to reach a matching goal of $15,000.
Gibbon Center Needs Donations to Meet $15K Match
The Santa Clarita Community College District Board of Trustees failed to complete its annual organizational vote to elect a new board president during its meeting on Wednesday, Dec. 17.
COC Board Fails to Elect New President in Deadlocked Vote
There's no better way to celebrate the season than with toys, treats, and rollercoasters. My annual Foster Youth Holiday Party is one of the most special traditions we do each year
Kathryn Barger | Keeping Up With Kathryn
The Canyon Theatre Guild’s production of "A Christmas Story," adds shows due to high ticket demand. Shows have been added on Sunday, Dec. 21 and Monday, Dec. 22.
CTG ‘A Christmas Story’ Adds Shows, Dec. 21-22, Due to Demand
The city of Santa Clarita will present its latest art exhibition, “Pop Culture,” on view at the Newhall Community Center now through March 25, 2026.
City Presents ‘Pop Culture’ Art Exhibit at the Newhall Community Center
This week’s Foothill League matches resulted in the Saugus boys getting a firmer grip on first place, and the Saugus girls slipping into second place. Meanwhile, holiday tournaments are bringing both wins and losses from non-league teams, with more on the way.
Foothill League Soccer: Saugus Boys, Hart Girls Leading
1970 - Snow day in Santa Clarita Valley [photos]
Saugus train station
Do you have a passion for swimming and a desire to make an impact in your community? The city of Santa Clarita is seeking individuals with strong customer service skills and a commitment to community engagement to join its lifeguard team.
Applications Are Open for the Summer 2026 Lifeguard Season
Santa Clarita Valley residents need to put down the yule log and refrain from all residental wood burning fires on Friday, Dec. 19.
Dec. 19: No Burn Day Alert Issued for SCV, South Coast Air Basin
U.S. Rep. George Whitesides (D-Aqua Dulce), announced the winners of the 2025 Congressional App Challenge for California’s 27th Congressional District: the “MathViz” team led by local Academy of the Canyons student, Gautham Korrapati.
Whitesides Announces 2025 Congressional App Challenge SCV Winners
The Mardi Gras Madness 1K/5K/10K, set for March 1, in Santa Clarita, is more than a race, it’s a celebration of health, community and giving back. Now through Wednesday, Dec. 24, take $10 OFF race registration with promo code WINTER10 at checkout.
March 1: JCI Santa Clarita Holds Mardi Gras Madness 1K/5K/10K Runs
Theatre Extempore will present the all time classic musical The Fantasticks, 8-10 p.m. Jan. 9-11. 15-18 at The MAIN.
Jan. 9: Premiere of ‘The Fantasticks’ Presented by Theatre Extempore
West Ranch High School senior Braulio Castillo (17) never did any long-distance running before high school, but what he has accomplished in that demanding discipline since taking it up is impressive. And, so far his senior year, it is phenomenal.
West Ranch Runner Going the Distance
Powerlab Studio will hold its grand opening and ribbon cutting 4:30-5 p.m. Thursday, Jan. 8 at 28110 Newhall Ranch Road, Valencia, CA 91355.
Jan 8: Powerlab Studio Grand Opening, Ribbon Cutting
B2 Entertainment will have a Cookies With Santa event, 3-5 p.m. Sunday, Dec. 21 at 21516 Golden Triangle Road, Santa Clarita, CA 91350.
Dec. 21: Cookies With Santa at MB2 Entertainment
The College of the Canyons soccer programs will be hosting 'Friday Night Footy,' small-sided pick-up games, running on Friday evenings Jan. 2 through June 26 at the COC Soccer Facility.
Jan. 2-June 26: Cougars Soccer Programs to Host ‘Friday Night Footy’
College of the Canyons sophomore pitcher Nichole Muro will continue her academic and athletic career at Cumberland University after signing with the Phoenix softball program.
Muro Signs with Cumberland University Softball Program
College of the Canyons men's basketball won its fourth straight contest in an 80-72 affair at Napa Valley College on Monday afternoon, Dec. 15 as freshman Julius Washington led all scorers with 20 points.
Cougars Win Fourth Straight 80-72 at Napa Valley
Canyons women's basketball snapped a five-game losing streak with a 60-44 win over Diablo Valley College during the final day of action at the Napa Valley Storm Surge tournament on Saturday, Dec. 13.
Canyons Finishes Tourney Weekend with 60-44 Win Over Diablo Valley
SCVNews.com