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LINE > SEC Filings for LINE > Form 8-K on 19-Sep-2013All Recent SEC Filings

Show all filings for LINN ENERGY, LLC



Entry into a Material Definitive Agreement, Financial Statements and Exhibits

Item 1.01. Entry into a Material Definitive Agreement.

Purchase and Sale Agreement

On September 11, 2013, Linn Energy, LLC (the "Company") entered into, through one of its wholly-owned subsidiaries, a definitive purchase agreement to acquire certain oil and natural gas properties located in the Permian Basin for a contract price of $525 million, subject to closing conditions (the "Acquisition"). The Company anticipates that the Acquisition will close during the fourth quarter of 2013 and will be financed primarily with proceeds from a committed term loan to be entered into at closing. There can be no assurance that all of the conditions to closing the Acquisition will be satisfied.

A copy of the press release announcing the Acquisition is attached to this Report as Exhibit 99.1 and is incorporated into this Item 1.01 by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibit.

99.1 Press Release of Linn Energy, LLC dated September 12, 2013.

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