Berry Corporation stockholders have approved the company's combination with California Resources Corporation $(CRC)$. At a special meeting, approximately 73% of Berry's outstanding shares and about 98% of shares voted were in favor of the deal. Under the terms of the agreement, Berry stockholders will receive 0.0718 shares of CRC common stock for each share of Berry common stock they own. The transaction is expected to close on December 18.
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 GlobeNewswire (Ref. ID: 9602377) on December 15, 2025, and is solely responsible for the information contained therein.
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