Strathcona's hostile bid for MEG Energy undervalues the company. We go over the mechanics behind the deal and tell you why ...

Oilsands producer MEG Energy Corp. says its first-quarter profits more than doubled from a year earlier. Net earnings for the ...

Strathcona Resources Ltd. is making a takeover stock-and-cash offer for MEG Energy Corp. that values the company at about ...

Canadian oil and gas producer Strathcona plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG ...

MEG, a pure-play thermal oil producer with a market cap of C$5.47 billion, is seen as a strategic target in a consolidating sector. The Strathcona offer gives its owners a 56.5% share of the combined ...

Strathcona Resources said it plans to launch a takeover bid for Canadian oil and gas producing peer MEG Energy that values ...

Strathcona Resources Ltd. is making a takeover stock-and-cash offer for MEG Energy Corp. that values the company at about ...