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Suncor launches $4.3 billion bid for Canadian Oil Sands

Michael Allan McCrae | October 05, 2015 | 11:53 am Energy Suppliers & Equipment Canada 

Suncor has commenced an unsolicited offer for Canadian Oil Sands (TSE:COS) for $4.3 billion. Canadian Oil Sands was up sharply, 47% to $9.15 a share. Suncor is down 1.75% to $26.95. Before the announcement, struggling Canadian Oil Sands was down...

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