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ISS Offers 'Cautionary Support' to Cenovus Takeover Offer for MEG Energy
Institutional Shareholder Services advises MEG shareholders to cautiously approve Cenovus’s offer as risks persist and a two-thirds vote is required for the $3 billion deal.
Summary by Winnipeg Free Press
7 Articles
7 Articles
Shareholder advisor gives lukewarm endorsement to Cenovus offer for MEG Energy
A prominent shareholder adviser recommended investors vote in favour of Cenovus Energy Inc.’s $7.3 billion takeover of MEG Energy Corp., boosting the oil producer’s bid to consolidate Canada’s oil sands sector.
·Calgary, Canada
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Winnipeg Free Press+3 Reposted by 3 other sources
ISS offers 'cautionary support' to Cenovus takeover offer for MEG Energy
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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ISS Gives Lukewarm Endorsement to Cenovus Offer for MEG Energy
A prominent shareholder adviser recommended investors vote in favor of Cenovus Energy Inc.’s C$7.3 billion ($5.2 billion) takeover of MEG Energy Corp., boosting the oil producer’s bid to consolidate Canada’s oil sands sector.
·United States
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Total News Sources7
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 29%
R 28%
Factuality
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