Canadian Oil Sands mulls takeover offer
Calgary, Alberta (UPI) Oct 6, 2015 - The unsolicited bid put on the table by Suncor Energy is far below what represents a fair value, a main shareholder at target Canadian Oil Sands said. Suncor Energy, the largest energy company in Canada, offered about $3.2 billion for rival Canadian Oil Sands Ltd. in a hostile bid. Seymour Schulich, a Canadian billionaire with a 5 percent stake in Canadian Oil Sands, told the nation's F ... more

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