logo
Share SHARE
FONT-SIZE Plus   Neg

LinnCo Prices IPO Of 30.25 Mln Shares At $36.50 Per Share - Quick Facts

LINN Energy LLC (LINE) announced the pricing of the initial public offering of 30.25 million common shares of LinnCo LLC (LNCO), a wholly-owned subsidiary of LINN Energy, at $36.50 per common share.

The common shares are expected to begin trading on the NASDAQ Global Select Market on October 12, 2012 under the ticker symbol "LNCO."

The underwriters have the option to purchase up to an additional 4.53 million common shares from LinnCo, at the same price, to cover over-allotments, if any.

The offering is expected to close on or about October 17, 2012, subject to customary closing conditions.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Hampton Farms has voluntarily recalled Ava's brand organic cashews for potential Listeria contamination. The Organic Cashews Roasted & Salted 8 oz. tubs were distributed in New Jersey, New York, Pennsylvania and Connecticut. As per the recall statement, fewer than 225 units of this product were offered for retail sale. Maternity leave is a temporary period of absence from employment granted to expectant or new mothers during the months immediately before and after their pregnancy. Parental leave, including maternity, paternity and adoption leave, is an employee benefit. Many countries around the world, including... Texas, the second largest state in the U.S., has four of the five fastest-growing cities in the U.S., according to new population estimates released Thursday by the U.S. Census Bureau for the twelve months up to July 1, 2016. Ten of the fifteen fastest growing large U.S. cities during that 12-month span were in the South, according to the Census Bureau.
comments powered by Disqus
Follow RTT