'Fundamentally unattractive': MEG urges shareholders to reject latest Strathcona bid

cbc.ca/news/canada/calgary/meg-strathcona-cenovus-takeover-bid-1.7634128

Oilsands developer MEG Energy Corp.'s board of directors is urging shareholders to reject a sweetened hostile bid from Strathcona Resources Ltd., deeming it inferior to the lower — but more cash-heavy — friendly offer from industry heavyweight Cenovus Energy Inc.

This story appeared on cbc.ca, 2025-09-15 16:33:40.
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