logo
Plus   Neg
Share
Email

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 RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Voip-Pal.com Inc. has filed a lawsuit against Amazon Inc., accusing Alexa's calling and messaging services of infringing its patents. The lawsuit, filed by Voip-Pal in the U.S. District Court in Nevada, accuses Amazon's Alexa calling and messaging system of using Voip-Pal's patented technologies to direct voice/video calls and voice messages to both Amazon subscribers and non-subscribers. Canada is a step closer to becoming the first G-7 nation to legalize marijuana nationwide after the House of Commons voted to allow recreational use. The bill will now go back to the country's Senate, which had already approved a version of the bill. On Monday, the House of Commons voted 205 to 82 in favor of the Bill C-45, known as the Cannabis Act. In a move likely to escalate the trade dispute between the U.S. and China, President Donald Trump has threatened to impose new tariffs on $200 billion worth of Chinese goods. Trump said in a statement Monday evening he has directed U.S. Trade Representative Robert Lighthizer to identify $200 billion...
Follow RTT