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Linn Co, LLC Message Board

  • kkness1 kkness1 Jun 18, 2013 12:20 PM Flag

    Leon Cooperman supports LINE

    FYI, In a letter dated 6/17 Leon Cooperman of Omega Advisors, which holds a 3.05% stake in Line Energy, or $200Million, stated that he thinks Line is a good investment which has been valued by Credit Suisse and other professionals at between 35+ and 39+ a share plus distributions, or words to that effect. He and his team and other financial professionals have reviewed the financial filings of LINE and have found them to be in accordance with GAAP principals and have taken into account any anticipated tax liabilities.

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