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Linn Energy, LLC (LINE) Message Board

  • bearnobull bearnobull Nov 15, 2013 4:19 PM Flag

    SEC has approved the Linn Energy and Berry Petroleum Merger!

    LINN Energy and Berry Petroleum announced that the SEC has declared their S-4 effective. At this point the companies are in the process of mailing out the proxy materials. LINN Energy and Berry Petroleum have scheduled a shareholder vote date of December 16, and the record date for the company’s shareholders is November 14….This is clearly positive news for both LINE and BRY shareholders. The SEC approval helps remove the cloud of doubt that has been hanging over the upstream MLP business model. Look for both stocks to rally on today’s news and continue to rally with further news !!

    Sentiment: Strong Buy

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LINE
25.19+0.28(+1.11%)Oct 22 4:00 PMEDT

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