Strathcona is an oil and gas producer with headquarters in Calgary The company in May offered to acquire those MEG shares it does not already own for 0.62 per share of Strathcona and C$4.10 in cash ...

MEG Energy's board has once again recommended its shareholders reject a new bid from Strathcona Resources, which last week increased its offer as it looks to outbid rival Cenovus Energy. The Canadian ...

MEG Energy's (OTCPK:MEGEF) board on Monday urged its shareholders to reject the nearly C$6B (~US$4.25B) hostile takeover offer from Strathcona Resources (OTCPK:STHRF), calling the bid inadequate and ...

Strathcona holds 14.2% stake in MEG, opposes Cenovus deal Cenovus CEO McKenzie has said no plan to increase MEG offer MEG shareholders to vote on Cenovus deal Oct. 9 "The revised Strathcona offer ...

Sept 8 (Reuters) - The bidding war for Canadian oil sands producer MEG Energy (MEG.TO), opens new tab heated up on Monday as Strathcona Resources (SCR.TO), opens new tab raised its offer, seeking to ...

Strathcona Resources has come back to MEG Energy with a new offer to buy the company at a higher price than the current offer by Cenovus Energy. The Alberta-based energy company on Monday said it is ...

Previously rejected MEG Energy bidder Strathcona Resources intends to buy an additional 5% stake in MEG and vote these shares and the existing 9.2% stake against the Cenovus acquisition offer for MEG, ...