Published On: Mon, Oct 19th, 2015

Canadian Oil Sands rejects Suncor’s $4.5-billion ‘exploitive’ hostile bid – The Globe and Mail

The Globe and Mail

Canadian Oil Sands rejects Suncor's $ 4.5-billion 'exploitive' hostile bid
The Globe and Mail
Canadian Oil Sands Ltd. has formally rejected Suncor Energy Inc.'s $ 4.5-billion hostile bid, saying it “substantially undervalues” the company. Calgary-based COS said on Monday that its board has unanimously recommended that shareholders reject the …
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