analysts predict Husky will boost hostile takeover offerhttps://ca.finance.yahoo.com/news/shares-meg-energy-soar-husky-135741907.html
CALGARY — Financial analysts say Husky Energy Inc. will likely have to sweeten its $3.3-billion hostile takeover bid for fellow Calgary oilsands producer MEG Energy Corp., although they concede there are few white knights that are big enough to ride to its rescue.
The bid could go as high as $15 per share, said analyst Phil Skolnick of Eight Capital Research in a note, suggesting that Calgary-based oilsands producers Suncor or Imperial Oil Ltd. were among the few corporations that could mount a counter offer.