What’s the Deal With LINN Energy LLC (LINE)’s Acquisition of Berry Petroleum Company (BRY)?
From Insider Monkey - Free Hedge Fund and Insider Trading Data
February 21, 2013 - 6:26pm
While analysts and investors have been debating the merits of LINN Energy LLC (NASDAQ:LINE)‘s hedging program, the company’s management team was quietly putting together its largest and most creative acquisition to date. In addition to announcing its fourth-quarter and full-year earnings, LINN, by way of affiliate LinnCo LLC (NASDAQ:LNCO) , announced that it was acquiring Berry Petroleum [...]
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