suncor will up offer to get this deal done by christmasthey will up their offer to 1/3 of SU for every COS share.
this is a fair deal in my view and if a competing offer comes along I don't think SU will fight it.
so it's up to IMO and Exxon to make a better offer, not sure they will but who better then exxon knows the operations inside and out and they would know how to squeeze every last cent out of the costs side to improve margins.
it's going to be interesting in the next few weeks for sure but a deal will get done with or without some major sharesholders or board approval.
what the banks want the banks get and they want a deal, so no amount for whinning by the BOD will stop this deal.
i'm long and biased DYODD