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Today's volatility in Linn Energy (LINE -2.3%) and LinnCo (LNCO -2.3%) apparently is traced to a...

May 31, 2013 2:39 PM ETRoan Resources, Inc. (ROAN) StockLNCOQ, ROANBy: Carl Surran, SA News Editor6 Comments
Today's volatility in Linn Energy (LINE -2.3%) and LinnCo (LNCO -2.3%) apparently is traced to a notice of effectiveness from the SEC over the proposed takeover of Berry Petroleum (BRY -2.4%). RBC analyst John Ragozzino says he has a "high degree" of conviction the deal still will close, though it could be delayed to mid-July.

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