Linn Exploring Options During Worst Oil Downturn in 30 YearsBy
Linn Energy using all of $3.6 billion credit facility loan
Lazard and Kirkland & Ellis hired for advice during review
Oil and natural gas explorer Linn Energy LLC, whose stock has fallen 96 percent in two years, is exploring “strategic alternatives” to strengthen its balance sheet while dealing with the worst crude market downturn in 30 years.
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