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MEG rejects Husky’s offer
Oct. 18, 2018

MEG rejects Husky’s offer

Earlier this month, Husky Energy Inc. made a formal offer to buy each MEG share for C$11 in cash. Canada’s MEG has rejected its rival’s offer by considering it as an undervalued proposal. MEG issued a statement saying, “The board ... has unanimously determined that the Husky offer significantly undervalues the common shares and is not in the best interests of MEG or MEG shareholders,”

   Read More About : Acquisitions Canada Oil and Gas Husky Energy
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