Strathcona Resources makes C$5.9B takeover offer for MEG Energy
Photo: freepik Strathcona Resources (OTCPK:STHRF) said late Thursday it plans to launch a takeover bid for Canadian oil and gas producing peer MEG Energy (OTCPK:MEGEF) that values the company at ~C$5.9B (US$4.25B), in a deal that would create the country’s fifth-largest oil producer. Strathcona (OTCPK:STHRF) offered to buy all MEG Energy’s (OTCPK:MEGEF) issued and outstanding common stock…