Berry Corporation will become a direct, wholly-owned subsidiary of California Resources Corporation following the completion of a pending combination between the two companies. Berry disclosed that a key waiting period related to the transaction has expired, marking progress toward finalizing the deal. The completion of the transaction remains subject to customary conditions, including approval by Berry shareholders and authorization from the U.S. Federal Energy Regulatory Commission.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Berry Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-275610), on November 12, 2025, and is solely responsible for the information contained therein.
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