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Ruling to come in Suncor Energy's hostile bid for Canadian Oil Sands

2015-11-30 12:01:16| Oil & Gas - Topix.net

The Alberta Securities Commission is set to rule today in the case of a hostile bid involving two of Canada's big oilsands players. Suncor Energy has asked the regulator to overturn a plan struck by Canadian Oil Sands that gives COS shareholders 120 days - or until early February - to consider Suncor's $4.5-billion all-stock takeover offer.

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