Cenovus Energy’s top executive said the company doesn’t plan to increase its takeover offer for oil sands producer MEG Energy, despite a higher rival offer from Strathcona Resources https://t.co/SUtZJhVvYd ...

Strathcona founder Adam Waterous said his company will vote against Cenovus Energy's acquisition of MEG, saying the oil sands producer’s board accepted an inferior offer in an attempt to thwart his own bid https://t.co/dcB6US0clT ...