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Canadian Oil Sands repeats call to remain independent despite Suncor bid

2016-01-04 14:49:52| Oil & Gas - Topix.net

Canadian Oil Sands is continuing its efforts to fend off a hostile takeover by Suncor, telling shareholders again Monday that their interests will be "best served" in the long run if the company remains independent. The Calgary-based company noted that Suncor has given Canadian Oil Sands shareholders until Friday to accept its all-stock offer and advises them to hold onto their shares.

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