Putting "White Knight" Story in Perspective
From the news story: "An affidavit submitted to the Alberta Securities Commission by the Royal Bank of Canada, which has been retained by Canadian Oil Sands to lead a review of the company's options, said "four highly credible parties" have already signed confidentiality agreements.".......The only question here is, after taking a look at COS's books and operations, will any of these four potential suitors be willing to offer more for COS than SU is......?.....It would be odd for a company which is not already part in the Syncrude joint venture to want to step in a buy the company what with all the bickering going on........Wonder what will happen to the share price if the SU offer expires and these potential suitors are still kicking the tires on COS.....?.......Perhaps SU will sweeten the offer, but by how much.....?