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Cenovus Energy, MEG

Seeking Alpha · 1h

Cenovus Energy: Thanks For Paying In Cash

Cenovus Energy’s $5.2B MEG deal adds low-cost output, synergies, and long-life reserves while preserving dividends and credit strength. Find out why CVE stock is a buy.

MEG Energy Enters into Agreement to be Acquired by Cenovus

Purchase Price, payable 75% in cash and 25% in Cenovus shares, represents a 33% premium to MEG's unaffected 20-day volume-weighted share

The Wall Street Journal on MSN · 1d

Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.

1d

Cenovus to buy MEG Energy in $7.9-billion deal

After rejecting a hostile takeover from Strathcona in June, MEG announced a friendly agreement with Cenovus on Friday ...

2d

Cenovus Energy Strikes $7.9 Billion Deal To Acquire MEG, Creating Oil Sands Powerhouse

Cenovus Energy Inc. (NYSE:CVE) said Thursday it will acquire MEG Energy Corp. (OTC:MEGEF) in a cash-and-stock deal valued at ...

1d

Cenovus Energy's MEG Energy Acquisition: More Double-Digit Dividend Growth In The Future Likely

Cenovus Energy is acquiring MEG Energy for C$27.25/share, unlocking value from Christina Lake assets with 75% cash, 25% ...

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