Strathcona's bid follows recent asset divestment and acquisition moves MEG's board to review offer, urges shareholders to wait Analysts expect competing offers for MEG The all-cash-and-stock offer ...

CALGARY, AB, May 16, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) acknowledges the announcement by Strathcona Resources Ltd. ("Strathcona") that Strathcona intends to make ...

In a separate statement Strathcona said it intends to offer to acquire all MEG shares it does not already own, despite the latter’s board rejecting the proposal. “Strathcona believes the ...

Canadian operator Strathcona Resources has launched a hostile takeover bid for a fellow Calgary-based producer, MEG Energy, with an offer valued at more than C$5.9 billion (US$4.2 billion).

CALGARY - The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one ...

Shares of Canadian oilsands producer MEG Energy (MEG.TO) gained as much as 34 per cent on Friday in response to a cash-and-stock takeover bid from rival oil and gas firm Strathcona Resources (SCR.TO) ...

Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans to make a takeover bid for MEG Energy Corp. that values the oil sands company at about $6 billion, advancing a push to ...

Strathcona Resources Ltd. is making an unsolicited takeover offer for oilsands producer MEG Energy Corp. that values the company at about $5.9 billion. The stock-and-cash offer comes after ...

Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans for a takeover bid of MEG Energy Corp. that values the oilsands company at about C$6 billion, advancing a push to ...

A Connecticut state senator will diminish himself when he holds an upcoming fundraiser for a mayoral candidate. Senate Majority Leader Bob Duff will hold a $250 a person fundraising event for ...

Heading into the season 21 ender, “How Do I Live,” that aired on Thursday night, the ABC medical drama’s official social media account posted two throwback photos of the memorable two-part ...