Now what will it open at? I am disappoint at the low offering price.
HOUSTON, Oct 11, 2012 (GlobeNewswire via COMTEX) -- LINN Energy, LLC
(Nasdaq:LINE) ("LINN") announced today the pricing of the initial public
offering of 30,250,000 common shares of LinnCo, LLC (Nasdaq:LNCO) ("LinnCo"), a
wholly-owned subsidiary of LINN, 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 4,537,500 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.