---
title: "Berry stockholders approve merger with CRC; each Berry share exchanged for 0.0718 shares of CRC stock."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/269755058.md"
description: "Berry Corporation stockholders approved a merger with California Resources Corporation, where each Berry share will be exchanged for 0.0718 shares of CRC stock. This decision was made during Berry's Special Meeting of Stockholders on December 15, 2025, marking a significant market development as both companies finalize this strategic move."
datetime: "2025-12-15T17:16:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/269755058.md)
  - [en](https://longbridge.com/en/news/269755058.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/269755058.md)
generator: "portal-rs"
---

# Berry stockholders approve merger with CRC; each Berry share exchanged for 0.0718 shares of CRC stock.

On December 15, 2025, Berry Corporation (bry) (NASDAQ: BRY) revealed that its Special Meeting of Stockholders had taken place, with shareholders voting in favor of merging with California Resources Corporation (“CRC”) (NYSE: CRC). The merger agreement specifies that Berry stockholders will receive 0.0718 shares of CRC common stock for each Berry common stock share they hold. This consolidation marks a significant development in the market, with the exchange ratio established for the transaction capturing investor interest as both companies move towards finalizing this strategic move.

### Related Stocks

- [CRC.US](https://longbridge.com/en/quote/CRC.US.md)
- [BRY.US](https://longbridge.com/en/quote/BRY.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**