MEG Takeover Vote Postponed Again
A regulatory inquiry has prompted MEG and Cenovus companies to postpone the takeover vote until November 6.
Questions have been raised about a side deal between former rival suitors for MEG Energy Corp, resulting in another last-minute postponement of the shareholder vote.
The vote to approve Cenovus Energy Inc.'s $8.6-billion acquisition was delayed twice before MEG's board announced the postponement.
A regulatory inquiry prompts oilsands companies to put off vote until Nov. 6
The postponement is the third since the friendly deal was announced.
Author's summary: MEG takeover vote delayed again due to regulatory inquiry.
- Postponement until November 6
- Questions about Cenovus-Strathcona side deal
- $8.6-billion acquisition
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