Linn makes $1bn IPO move

**FILE** The Nasdaq logo is seen at the Nasdaq stock market, in this Feb. 21, 2007 file photo in New York.  Nasdaq Stock Market Inc., the nation's second-largest stock exchange, said Thursday, April 17, 2007 its first-quarter profit rose just 1.7 percent because of charges tied to its failed bid for the London Stock Exchange. (AP Photo/Mark Lennihan, file)
Linn Energy is seeing a subsidiary make a move for a fresh listing on the same day the parent agreed a huge asset purchase deal with BP in the US.

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