The Globe and Mail | Canadian Oil Sands Rejects Suncor Takeover Bid New York Times OTTAWA — Canadian Oil Sands has rejected a hostile takeover bid from Suncor Energy valued at 6.6 billion Canadian dollars ($5 billion), including debt. The company also introduced a poison pill plan aimed at undermining any other unfriendly offers. Suncor criticizes Canadian Oil Sands' poison pill response to takeover bid Canadian Oil Sands Ltd. has rejected Suncor Ltd.'s $4.3-billion takeover offer ... Suncor CEO fires back after Canadian Oil Sands adopts poison pill |