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MEG Energy board advises shareholders to reject Strathcona's bid and back Cenovus's $7.9 billion offer.
MEG Energy's board recommends shareholders reject Strathcona's latest takeover bid and support Cenovus Energy's $7.9 billion deal.
Strathcona offered 0.8 of a share for each MEG share, but MEG's board believes this doesn't adequately address the risks associated with Strathcona shares.
The vote on the Cenovus deal is set for October 9.
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La junta de MEG Energy aconseja a los accionistas rechazar la oferta de Strathcona y respaldar la oferta de Cenovus de 7.900 millones de dólares.