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Canadian Oil Sands rejects Suncor bid; adopts poison pill

Michael Allan McCrae | October 07, 2015 | 5:37 pm Energy Suppliers & Equipment Canada 

Canadian Oil Sands calls Suncor's bid "opportunistic" and has adopted a poison pill defence. On Monday Suncor commenced an unsolicited offer for struggling Canadian Oil Sands (TSE:COS) for $4.3 billion. Canadian Oil Sands has been labouring under low oil prices...

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