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Cenovus Energy rises following deal to acquire MEG Energy

Cenovus signs $7.9B deal to buy MEG as Strathcona says company is 'preying on a weak board'

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion, including debt, after spurning an earlier unsolicited bid from Str...

· 16h · on MSN

Cenovus Energy to buy MEG Energy in C$7.9B deal, topping Strathcona bid

· 12h

Cenovus to acquire MEG Energy in C$7.9 billion oil sands expansion deal

· 16h

Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion

Cenovus' offer of C$27.25 per share gives MEG an equity value of about C$6.93 billion, according to Reuters calculations.

· 14h

Cenovus Energy to Buy MEG Energy in C$7.9B Oil-Sands Tie-Up

· 17h

Cenovus Energy to acquire MEG Energy in $6.93-billion deal

The Canadian Press on MSN7h

Strathcona blasts MEG Energy's 'weak board' as company chooses $7.9B Cenovus deal

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion, including debt, but Strathcona Resources, the hostile bidder MEG has spurned,

Strathcona Resources: MEG Energy Or A $10 Dividend? Cenovus Holds The Answer

We are reviewing MEG Energy and Strathcona Resources stock again amid a combative takeover bid. Click here to find out why SCR:CA is a Hold.