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Berry Petroleum Company, LLC Message Board

  • new2nvesting new2nvesting Jun 13, 2013 10:46 AM Flag

    Merger Math Check

    Am I correct to understand that owners of BRY will receive 1.25 shares of LNCO in exchange for each unit of BRY once merger completes? With 25K to invest, I could buy 570 shares of BRY, which will be 712.5 shares of LNCO, which at current stock price would be worth 26,668. Basically, I would gain 1.6K just from merger. Assuming price of LNCO will improve, it will be even sweeter. Is this correct or am I missing something?

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