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

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) ...

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 ...

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

Waterous Energy Fund portfolio company Strathcona Resources has launched a bid to acquire MEG Energy Corp, a Canadian oil sands producer. Strathcona will offer to acquire all of the issued and ...

MEG Energy said it will consider a formal offer from Strathcona Resources but said it hasn't received one yet after Strathcona announced a takeover bid.

Canadian oil tycoon Adam Waterous’ Strathcona Resources Ltd. announced plans to make a takeover bid for MEG Energy Corp. that ...

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