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MEG, Cenovus Energy and Strathcona

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

Cenovus Energy Inc. has signed a cash-and-stock deal to buy MEG Energy Corp. that values the company at $7.9 billion, including debt. The deal comes after Strathcona Resources Ltd. made an unsolicited offer for MEG in May that the company urged shareholders to reject.

Seeking Alpha on MSN · 22h

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

Cenovus Energy agreed to acquire MEG Energy in a cash and stock deal valued at C$7.9B (~US$5.7B) including debt, creating one of Canada's largest oil sands companies.

The Canadian Press on MSN · 12h

MEG agrees to $7.9B Cenovus takeover

MEG Energy Inc. has accepted a friendly cash-and-stock takeover offer from oilsands neighbour Cenovus Energy Inc. worth $7.9 billion.

12hon MSN

Strathcona will vote against Cenovus offer for MEG Energy, founder Waterous says

Strathcona Resources will vote against Cenovus Energy's C$7.9B acquisition of MEG Energy, founder Adam Waterous said.

10d

MEG Energy’s hostile bidder says government support for rival offer would be unfair subsidy

Strathcona’s executive chairman was responding to a report that Cenovus is in talks with two Alberta First Nations to launch ...

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