July 02, 2013 at 13:03 PM EDT
SEC Probes Berry Acquisition

The Securities and Exchange Commission opened an informal inquiry into Linn Energy LLC's (Nasdaq: LINE) proposed acquisition of Berry Petroleum Co. (NYSE: BRY). Shares of Linn Energy plummeted $4.89 to $28.40 while Berry Petroleum stock plunged $2.22 to $40.11.



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