Tag: MEG
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Strathcona Backs Off MEG Energy Acquisition. Path Looks Clear for Cenovus Deal.
The past couple of months saw a heated corporate battle for MEG Energy Corp. (TSX:MEG) , beginning when Cenovus Energy Inc. (TSX:CVE)(NYSE:CVE) announced a friendly $7.9 billion acquisition (including assumed debt) on August 22, 2025. The initial cash and stock offer valued MEG at $27.25 per share, with consideration structured as 75% cash and 25% Read more