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Suncor Extends Canadian Oil Sands Bid as Investors Baulk - Bloomberg
Wall Street Journal | Suncor Extends Canadian Oil Sands Bid as Investors Baulk Bloomberg Suncor Energy Inc. extended its C$4.03 billion ($2.84 billion) hostile bid for Canadian Oil Sands Ltd. for a second time Friday. Two sources familiar with the tender process said Suncor failed to win the two-thirds support it was seeking from shareholders. Suncor Energy Again Extends Bid Deadline for Canadian Oil Sands Suncor extends $4.3-billion takeover bid for Canadian Oil Sands UPDATE 2-Suncor extends bid for Canadian Oil Sands until Jan. 27 |
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