Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Berry Petroleum Co. (BRY)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Berry Petroleum Co. (“Berry” or the “Company”) (NYSE: BRY) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to an affiliate of Linn Energy LLC (“Linn”) (NasdaqGS: LINE) in a deal valued at $4.3 billion . Under the terms of the proposed transaction, Berry’s stockholders will receive $46.24 for each share of Berry common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $50 for Berry.
If you own common stock in Berry and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.