Linn Energy LLC (Nasdaq: LINE) has agreed to acquire Berry Petroleum Co. (NYSE: BRY) in an all-stock deal valued at $4.3 billion. The $46.24 per share price represents a 19.8% premium to yesterday’s closing price for Berry Petroleum stock. Www.linnenergy.com
The New York Times Co. Confirmed yesterday that it is seeking a buyer for The Boston Globe and affiliated assets, including the Worcester Telegram & Gazette. It last put the Globe up for sale in 2009, but was unable to fund a buyer at its desired price (partially due to pension obligations).Www.boston.com/globe
Forstmann Little & Co. Is planning to put sports and modeling talent agency IMG on the block, according to Reuters. The deal could be worth more than $2 billion. Www.img.com
Kohlberg Kravis Roberts & Co. Is in talks to sell its 51% stake in BMG Rights to joint venture partner Bertelsmann, which currently holds the remaining 49% position, according to the NY Post. Www.kkr.com
TPG Capital has sold around half of its 20% stake in listed Indian commercial vehicle finance company Shriram Transport Finance Co Ltd. For $305 million, according to Reuters. Www.stfc.in
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