GREY:LSTMF - Post by User
Post by
bushhog1on Oct 05, 2015 9:05am
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Post# 24162576
Suncor Energy offers to buy Canadian Oil Sands for $4.3B
Suncor Energy offers to buy Canadian Oil Sands for $4.3BThis is above their book value of $4.1B, but Management is
unwilling to sell
https://business.financialpost.com/news/energy/suncor-energy-inc-launches-unsolicited-offer-to-buy-canadian-oil-sands-ltd-for-4-3-billion
LTS book value is $1.2B or $6.17 per share, and I am betting
Mr Wright will hold out for a higher offer too