Home>Topics>>A 20% premium, while rich, is doable, Tudor Pickering says of Linn Energy's (LINE) $2.5B purchase of Berry Petroleum (BRY). Linn wants to increase its portfolio of "long lived, shallow decline ...

A 20% premium, while rich, is doable, Tudor Pickering says of Linn Energy's (LINE) $2.5B purchase of Berry Petroleum (BRY). Linn wants to increase its portfolio of "long lived, shallow decline ...

SeekingAlpha.com: SA Currents

Thu, 21 Feb 2013

A 20% premium, while rich, is doable , Tudor Pickering says of Linn Energy's ( LINE ) $2.5B purchase of Berry Petroleum ( BRY ). Linn wants to increase its portfolio of "long lived, shallow decline assets," and can afford to pay up, given its "lower cost of capital and focus on repeatability rather ...

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  1. Berry Petroleum Company
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