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re: Linn Energy Question
Posted on 5/1/16 at 6:55 pm to b-rab2
Posted on 5/1/16 at 6:55 pm to b-rab2
If you want to dabble in it, buy LinnCo. Same company with the shares structured as a c-corp. They recently allowed the MLP unit holders to swap into LinnCo to avoid the MLP tax ramifications of forgiven debt income allocations. I'm not suggesting you play in it, but there is an alternative to the MLP units.
Posted on 5/1/16 at 10:23 pm to txtiger79
So buy into a company that's sole asset is LINE shares, a company that will be filing for bankruptcy at any moment?
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