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0.000311720698254524 0.000467581047381564 0 -0.000467581047381342 -0.00171446384039899 -0.00358478802992514 -0.00280548628428916 -0.00280548628428916
Stock impact report

Why the MEG Energy fight is familiar — and yet highly unusual [Yahoo! Finance Canada]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
Take Adam Waterous, a billionaire at the centre of the fight. The former head of investment banking at the Bank of Nova Scotia, Waterous aggressively acquired a series of companies and assets that now form Strathcona Resources Ltd., an oil and gas producer worth $7.7 billion on the stock market. Waterous, who also owns a ski resort in Banff with his wife Jan, set his sights on his next big prize in May, when Strathcona launched its hostile bid for MEG. In the months that followed, Waterous would call a competing bid from Cenovus Energy Inc. a “car crash,” while industry analysts and investors described Waterous as a blunt oilpatch leader whose company is “willing to get dirtier.” The heated fight has taken many turns, including one last Friday when Strathcona abandoned its bid for MEG after the target company's board accepted an increased offer from Cenovus. In the latest twist, investors filed at least three complaints with a regulator over MEG's impending sale to Cenovus. In Show less Read more
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