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Friday, October 3, 2014

Deals of the day- Mergers and acquisitions, (NYSE: DVN), (NASDAQ: LINE)

The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:** Linn Energy LLC said it had struck deals to sell oil and gas assets in Texas and western Oklahoma for $2.3 billion to repay debt taken to purchase assets from Devon Energy Corp .

Devon Energy Corporation (Devon) is an independent energy company engaged primarily in the exploration, development and production of oil, natural gas and natural gas liquids (NGLs). Shares of DVN remained unchanged at $66.56. In the past year, the shares have traded as low as $57.67 and as high as $80.63. On average, 2707350 shares of DVN exchange hands on a given day and today's volume is recorded at 0.

Linn Energy, LLC (LINN Energy) is an independent oil and natural gas company. Shares of LINE remained unchanged at $29.08. In the past year, the shares have traded as low as $25.91 and as high as $34.08. On average, 1182310 shares of LINE exchange hands on a given day and today's volume is recorded at 600.



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