Linn Energy, LLC (LINE) Message Board

beststockpixs 1 post  |  Last Activity: Mar 5, 2013 9:13 AM Member since: Dec 7, 2006
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    Convertable offering

    by allcarry55 Mar 5, 2013 9:04 AM
    beststockpixs beststockpixs Mar 5, 2013 9:13 AM Flag

    Unless converted earlier at the option of the holders, each Mandatory Convertible Preferred Share will automatically convert into between 28.1480 and 34.4840 Common Shares (and, correspondingly, each Depositary Share will automatically convert into between 0.7037 and 0.8621 Common Shares) on or around Feb. 1, 2016, subject to customary anti-dilution adjustments.

LINE
35.06-0.17(-0.48%)4:00 PMEDT