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Posted by
Two Blokes May 16 -
Filed in
Stock
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CALGARY, AB , May 15, 2025 /PRNewswire/ - Strathcona Resources Ltd. (" Strathcona ") announced today that it intends to commence a take-over bid for MEG Energy Corp. (TSX: MEG) ("MEG"), pursuant to which Strathcona will offer (the "Offer") to acquire all of the issued and outstanding common shares of MEG ("MEG Shares"), not already owned by Strathcona or its affiliates, for 0.62 of a common share of Strathcona ("Strathcona Shares") and $4.10 in cash per MEG Share.
