Berry shareholders approve merger with California Resources

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Go back to Berry shareholders approve merger with California Resources

Berry Stockholders Approve Combination with CRC

December 15, 2025 12:15 PM EST

DALLAS, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Berry Corporation (bry) (NASDAQ: BRY) (Berry) today announced that, at its Special Meeting of Stockholders held earlier today, Berry stockholders voted to approve its combination with California Resources Corporation (CRC) (NYSE: CRC). As previously announced, under the terms of the merger agreement, Berry stockholders will receive a fixed exchange ratio of 0.0718 shares of CRC common stock for each share of Berry common stock.

According to preliminary results, Berry stockholders approved the transaction with approximately 73% of the total shares... More