AOL.com Video - LINN Energy Announces Pricing of LinnCo IPO

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LINN Energy Announces Pricing of LinnCo IPO

Description:LINN Energy (LINE) announced today the pricing of the initial public offering of 30,250,000 common shares of LinnCo (LNCO), a wholly-owned subsidiary of LINN, at $36.50 per common share. The common shares are expected to begin trading on the NASDAQ 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. (1:07)

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